A real estate appraisal is a valuation placed on
a property by an appraiser. Unlike shares of
stock were the value can be found from the last
trading price on an exchange, real estate trades
infrequently and each property has its own features
that give it value. The job of the appraiser
is to account for these differences in features,
comparing them to similar recent sales, best use,
income generated and replacement costs to arrive at
the real estate appraisal.
In residential real estate the comparison approach
is used most often. Similar homes that have
recently sold in the same market are compared to the
property and the value is adjusted for more or fewer
amenities, better or worse location, condition and
other differences.
The income approach to real estate appraisal
applies mostly to rental or commercial properties.
The appraised value may be arrived at by determining
the amount of net income the property will produce
over the term of several months or years.
Real estate appraisers are generally not licensed
and just about anyone can put out a shingle offering
appraisals. Even websites have popped up online
offering quick, and sometimes free, real estate
appraisals such as
zillow.com
Real Estate
Appraisal Best Sellers from
Amazon.com
The book is very well written and uses diagrams/pictures to drive the points home. Sadly there are other home inspection books out there with very few pictures and illustrations. This book however not only tells you w...
The Dictionary of Real Estate Appraisal, Fourth Edition Amazon Price: Customer Review: The product was delivered promptly and in good condition. The product is not as comprehensive in some areas as I had hoped but carried some pleasant surprises in some other areas. The product's shortcomings had nothing to do with the add and I don'...
APPRAISAL OF REAL ESTATE Amazon Price: Customer Review: Beware of the prices of non-mainstream publications that Amazon itself does not stock. Often this serves as an invitation to unscrupulous sellers to ask ridiculous prices for books that are in-print and readily available at much lower (if not exactl...
• Homes Will Sell If Priced Right Foreclosures Have Impact USA Today
Homes will sell if priced right foreclosures have impactUSA TodayReal estate professionals say Rennie is in good company. Nationally, 30 of the houses for sale were reduced in price in June, according to Zillow.com, and more raquo
• Real Estate QampA: Sellers May Benefit From Waiting Out A Slow Market Kansas...
Real estate QampA: Sellers may benefit from waiting out a slow marketKansas City StarCharles Carter, Ph.D., specializes in real estate analysis after years of experience as a professor, real estate lawyer and appraiser. and more raquo
• Carlos Slimaposs Real Estate Firm Pays 44 Million For Manhattan Townhouse Bl...
Carlos Slim39s Real Estate Firm Pays 44 Million for Manhattan TownhouseBloomberg the second quarter from a year earlier, according to data compiled by appraiser Miller Samuel Inc. and brokerage Prudential Douglas Elliman Real Estate. Billionaire Slim39s Firm Pays 44 Million for Manhattan TownhomeBusinessWeekall 5 news articles raquo
• Texas Gov. Rick Perryaposs Real Estate Windfall Attracts Public Scrutiny Hou...
Texas TribuneTexas Gov. Rick Perry39s Real Estate Windfall Attracts Public ScrutinyHousing WatchBut in Texas, real estate commissions are negotiable. And when he sold the land, it was appraised for tax purposes at 600000. Of course, since Texas is a Why Rick Perry39s Land Deal Could End His Campaign: 572238 in ProfitBurnt Orange Report blogall 39 news articles raquo
• New Fannie Mae Policy Clarifies Appraisal Guidelines San Jose Mercury News
FreeRateUpdate.comNew Fannie Mae policy clarifies appraisal guidelinesSan Jose Mercury NewsSince the Home Valuation Code of Conduct went into effect last year, people in the real estate Impact the New Appraisal System is Having on the FHA Mortgage MarketFreeRateUpdate.comBye Bye HVCC, Appraisal Management Companies Here to StayReverse Mortgage DailyN. Carolina AMC Registry Comes with Hefty Price Exempts BanksHousing Wireall 5 news articles raquo
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