Probably the most common issue we hear with appraisals is the amount and type of adjustments. Homeowners, agents, and lenders alike tend to question reports and ask questions about the amount of adjustments. Condition, location, closing/contract date, and features are given a lot of attention for the amount of adjustments. If you’re involved with the […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/Whatu2019s-the-deal-will-appraisal-adjustments_.jpg788940Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-08-13 08:35:562019-05-19 15:36:31What’s the deal with appraisal adjustments?
One of the toughest things in the process of buying a property for investment is determining how much the property is worth now and what it could be valued at if fully repaired for lease or resale. Which is more difficult to determine, as-is or as-repaired (also called ARV or After Repair Value)? You might […]
Adjusting for condition isn’t something that most appraisers love to do as it involves a significant amount of research to make an accurate estimate of the difference in value due to the condition of physical improvements. The income approach to valuations is a relatively simple method that calculates the value of a property based on […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/Condition-vs-Income-in-Valuations.png788940Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-07-30 05:12:452019-05-27 04:24:39Condition vs Income in Valuations. The Importance of Due Diligence.
Choosing an appraisal firm to handle your sensitive commercial and residential valuation needs in Massachusetts is an important decision. When considering lending money, or working with a third-party that will rely on your appraisal, it’s critical to ensure that the valuation is accurate, credible, and reliable. A faulty or biased report has the potential to […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.png00Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-03-30 03:49:402023-05-16 06:53:543 Tips for Selecting a Real Estate Appraiser in Massachusetts
Many Massachusetts valuation clients choose to work with appraisal management companies (AMCs) due to the fear of compliance issues with Dodd-Frank and the Consumer Protection Act. It’s a common misconception that to avoid bias issues, and maintain transparency, that you have to use an AMC. For a brief period after the financial crisis of the […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.png00Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-03-21 17:29:042019-05-19 15:36:52Why Working with an Independent Local Expert Massachusetts Appraiser Will Save you Money & Time
What’s the deal with appraisal adjustments?
Probably the most common issue we hear with appraisals is the amount and type of adjustments. Homeowners, agents, and lenders alike tend to question reports and ask questions about the amount of adjustments. Condition, location, closing/contract date, and features are given a lot of attention for the amount of adjustments. If you’re involved with the […]
As-Is & As-Repaired Values for Investors
One of the toughest things in the process of buying a property for investment is determining how much the property is worth now and what it could be valued at if fully repaired for lease or resale. Which is more difficult to determine, as-is or as-repaired (also called ARV or After Repair Value)? You might […]
Condition vs Income in Valuations. The Importance of Due Diligence.
Adjusting for condition isn’t something that most appraisers love to do as it involves a significant amount of research to make an accurate estimate of the difference in value due to the condition of physical improvements. The income approach to valuations is a relatively simple method that calculates the value of a property based on […]
3 Tips for Selecting a Real Estate Appraiser in Massachusetts
Choosing an appraisal firm to handle your sensitive commercial and residential valuation needs in Massachusetts is an important decision. When considering lending money, or working with a third-party that will rely on your appraisal, it’s critical to ensure that the valuation is accurate, credible, and reliable. A faulty or biased report has the potential to […]
Why Working with an Independent Local Expert Massachusetts Appraiser Will Save you Money & Time
Many Massachusetts valuation clients choose to work with appraisal management companies (AMCs) due to the fear of compliance issues with Dodd-Frank and the Consumer Protection Act. It’s a common misconception that to avoid bias issues, and maintain transparency, that you have to use an AMC. For a brief period after the financial crisis of the […]