Appraisals are often a crucial part of real estate transactions, litigations, taxes, and estate planning. However, in the course of obtaining an appraisal or while reviewing an appraisal, it may be necessary to verify the reliability, credibility, and accuracy of an appraisal report. Should there be questions, it may even be necessary to challenge an […]
https://www.bostonappraisal.com/wp-content/uploads/2023/08/DreamShaper_v7_A_sternfaced_judge_listens_intently_to_a_passio_3.jpg512640Adnan Salamhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdnan Salam2023-08-17 13:32:352023-09-14 07:15:20Challenging Appraisals: Strategies for Lawyers and Their Clients
As an investor or lender, you need accurate valuations of residential properties to make informed investment and lending decisions. However, you may encounter distinctive homes and buildings that present appraisal challenges due to their unconventional attributes. Here are some key considerations when assessing complex and uncommon properties: Look Beyond Superficial Uniqueness Some characteristics like unusual […]
Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal. By providing an objective assessment of the property’s market value, an appraisal can aid in dispute […]
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Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. There are various financial concepts and metrics that investors need to understand to make informed decisions. Capitalization rates, interest rates, and yield rates are among the most critical of these concepts. Let’s dig deeper into […]
The process of determining a property’s market value is called a real estate appraisal. The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. The appraiser also needs to be aware of the zoning […]
Challenging Appraisals: Strategies for Lawyers and Their Clients
Appraisals are often a crucial part of real estate transactions, litigations, taxes, and estate planning. However, in the course of obtaining an appraisal or while reviewing an appraisal, it may be necessary to verify the reliability, credibility, and accuracy of an appraisal report. Should there be questions, it may even be necessary to challenge an […]
Valuing Complex and Unusual Properties: Guidance for Investors and Lenders
As an investor or lender, you need accurate valuations of residential properties to make informed investment and lending decisions. However, you may encounter distinctive homes and buildings that present appraisal challenges due to their unconventional attributes. Here are some key considerations when assessing complex and uncommon properties: Look Beyond Superficial Uniqueness Some characteristics like unusual […]
The Role of Appraisals in Property Disputes: A Comprehensive Guide for Lawyers
Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal. By providing an objective assessment of the property’s market value, an appraisal can aid in dispute […]
Understanding Capitalization Rates, Interest Rates, and Yield Rates in Real Estate Valuation
Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. There are various financial concepts and metrics that investors need to understand to make informed decisions. Capitalization rates, interest rates, and yield rates are among the most critical of these concepts. Let’s dig deeper into […]
When to Apply Extraordinary and Hypothetical Assumptions
The process of determining a property’s market value is called a real estate appraisal. The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. The appraiser also needs to be aware of the zoning […]