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Facts - Books - News    U.S. Facts Of Law:


Real Estate Appraisal

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 Home Inspection Book: A Guide for Professionals
by Marcia Darvin Spada
Amazon Price: $26.86
Customer Review: This book is great.

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...
 
Real Estate Appraisal Principles and Procedures(AQB Approved course)
by Levin P. Messick, and William Pivar Walt Huber
Amazon Price: $49.38
 
The Art of Real Estate Appraisal: The Complete Guide for Homeowners and Real ...
by William Ventolo, Martha R. Williams
Amazon Price: $21.33
 

Newsfeed display by CaRP

Real Estate Appraisal News
GN News

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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