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Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?

Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?

Understanding The Adjusted Sale Price of Comparables I’m kicking off a short series to help readers of an appraisal report understand what they are looking at. It seems sometimes that the only two things that most people are concerned about with an appraisal are how fast can you get it to them and what is […]

The post Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”? appeared first on Birmingham Appraisal Blog.

Related posts:
  1. If you need a speaker at your real estate sales meeting, I can help you
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Related posts
Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?
Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?
Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?
Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”?
birminghamappraisalblog birminghamappraisalb... | 2 years ago
Understanding The Adjusted Sale Price of Comparables I’m kicking off a short series to help readers of an appraisal report understand what they are looking at. It seems sometimes that the only two things that most people are concerned about with an appraisal are how fast can you get it to them and what is […] The post Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”? appeared first on Birmingham Appraisal Blog. Related posts: If you need a speaker at yo...
Understanding The Adjusted Sale Price of Comparables I’m kicking off a short series to help readers of an appraisal report understand what they are looking at. It seems sometimes that the only two things that most people are concerned about with an appraisal are how fast can you get it to them and what is […] The post Understanding The Appraisal Part 1: What is “Adjusted sale price of comparables”? appeared first on Birmingham Appraisal Blog. Related posts: If you need a speaker at yo...
Understanding The Appraisal Part 3: The Cost Approach
Understanding The Appraisal Part 3: The Cost Approach
Understanding The Appraisal Part 3: The Cost Approach
Understanding The Appraisal Part 3: The Cost Approach
birminghamappraisalblog birminghamappraisalb... | 2 years ago
A Closer Look At The Cost Approach There are three approaches to value that can be used in a residential appraisal. They are the sales comparison approach, the income approach, and the cost approach. Today I will be explaining the cost approach to value. This approach is not given as much attention as the sales […] The post Understanding The Appraisal Part 3: The Cost Approach appeared first on Birmingham Appraisal Blog. Related posts: Anatomy of a Sales Comparable If you need a speaker at...
A Closer Look At The Cost Approach There are three approaches to value that can be used in a residential appraisal. They are the sales comparison approach, the income approach, and the cost approach. Today I will be explaining the cost approach to value. This approach is not given as much attention as the sales […] The post Understanding The Appraisal Part 3: The Cost Approach appeared first on Birmingham Appraisal Blog. Related posts: Anatomy of a Sales Comparable If you need a speaker at...
What is in the way of modernizing title and appraisal?
What is in the way of modernizing title and appraisal?
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housingwire housingwire | 1 year ago
HousingWire CEO Clayton Collins recently sat down with Paul Doman, CEO at Accurate Group, to discuss mortgage lender profitability, as well as the modernization of title and appraisal processes and where there is opportunity for automation.  The post What is in the way of modernizing title and appraisal? appeared first on HousingWire.
HousingWire CEO Clayton Collins recently sat down with Paul Doman, CEO at Accurate Group, to discuss mortgage lender profitability, as well as the modernization of title and appraisal processes and where there is opportunity for automation.  The post What is in the way of modernizing title and appraisal? appeared first on HousingWire.
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fastexpert fastexpert | 1 year ago
Appraisal contingencies are put in place to protect the buyer from making a bad deal unknowingly. This provision allows the buyer to walk away from the contract if the appraisal, the decided value, of the home comes back lower than the agreed upon sale price. This appraisal gets performed during the mortgage underwriting process. The post What is an Appraisal Contingency? appeared first on FastExpert.
Appraisal contingencies are put in place to protect the buyer from making a bad deal unknowingly. This provision allows the buyer to walk away from the contract if the appraisal, the decided value, of the home comes back lower than the agreed upon sale price. This appraisal gets performed during the mortgage underwriting process. The post What is an Appraisal Contingency? appeared first on FastExpert.
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What Is a Part Exchange House Sale – and Will It Work for You? When buying or selling, many people assume that they just have to follow the traditional route, the path of what they think is least resistance! But there is more than one way to accomplish your goals. The key is exploring your options, weighing the pros and cons and determining which of these is the most viable solution for you, your household members, your needs and your budget.  Among these options is a part exchange house tran...
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The best agents are the ones who are the most responsive to their buyer & seller needs - and to truly understand what those needs are, you need to listen! As a real estate professional, your ability to gauge the needs of buyers & sellers is important - but don't let that overwhelm your skills at closely & carefully taking in all of the "wants, needs, and must-have's" that your prospects and clients bring to you. Even if their requests seem impractical, the fact that you listened & responded to t...
The best agents are the ones who are the most responsive to their buyer & seller needs - and to truly understand what those needs are, you need to listen! As a real estate professional, your ability to gauge the needs of buyers & sellers is important - but don't let that overwhelm your skills at closely & carefully taking in all of the "wants, needs, and must-have's" that your prospects and clients bring to you. Even if their requests seem impractical, the fact that you listened & responded to t...
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Foreclosure is the initiation of a lawsuit for the rights to ownership of the property. It seeks to remove from the owners from living in the property and having the property sold at auction to satisfy an unpaid mortgage on the property. The foreclosure process can be initiated by the financial institution’s attorneys as they have a vested interest home which has been used as collateral for the loans. Start Of The Foreclosure Process The foreclosure process begins after the homeowner’s defau...
Foreclosure is the initiation of a lawsuit for the rights to ownership of the property. It seeks to remove from the owners from living in the property and having the property sold at auction to satisfy an unpaid mortgage on the property. The foreclosure process can be initiated by the financial institution’s attorneys as they have a vested interest home which has been used as collateral for the loans. Start Of The Foreclosure Process The foreclosure process begins after the homeowner’s defau...
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Whether you’re selling or purchasing a home, you’re likely to encounter a home appraisal contingency at some point. While there’s no doubt the process can be nerve wracking, knowing what to expect from a home appraisal can put those nerves at ease. We’re here to break down the what, why and how of home appraisals and share some tips to help your home come out on top. In this article, we will cover: What is an appraisalWhy should you care about an appraisal as a buyer?How is a home apprai...
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The median Albany-area home sale price is pushing $300,000
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Higher home prices, lower inventory and rising interest rates are creating a housing affordability crisis, forcing more prospective home buyers to pause their search.
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External obsolescence is not something you hear about every day. If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. If you break down the phrase starting with the word external you get this: “coming or derived from a source outside the subject affected”. Then, looking at obsolescence you have this: “the process of becoming obsolete or outdated an...
External obsolescence is not something you hear about every day. If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. If you break down the phrase starting with the word external you get this: “coming or derived from a source outside the subject affected”. Then, looking at obsolescence you have this: “the process of becoming obsolete or outdated an...