The Role of Appraisals in Property Disputes: A Comprehensive Guide for Lawyers

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…
Understanding Capitalization Rates, Interest Rates, and Yield Rates in Real Estate Valuation

Understanding Capitalization Rates, Interest Rates, and Yield Rates in Real Estate Valuation

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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…
When to Apply Extraordinary and Hypothetical Assumptions

When to Apply Extraordinary and Hypothetical Assumptions

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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…
Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Gross Living Area Discrepancies with Public Data May Differ and How They Occur

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Appraisers are often tasked with providing valuations for properties that can be very different from one another. From one house to the next, things can and often do change. Everything from the number of bedrooms to the quality of the construction.…