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What does comparables mean when referred to as a real estate term?
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined methods, when performing a real estate appraisal.
What does progression in real estate mean?
A real estate valuation theory which states that a property of lesser value is enhanced through proximity with higher value properties. The principle may be evident during the appraisal process whereby two or more buildings with similar amenities are compared; the less marketable property may be valued slightly higher due to its location.
How do you do appraisal?
If you're talking about real estate appraisals: in the US, at least, you don't do them without being specifically trained and licensed to do so, and the required classes would cover the procedure in detail.If you're talking about some other kind of appraisal, you'd need to be more specific about what you mean.
Which monopoly property is more expensive?
The most expensive property on the UK Edition of Monopoly is Mayfair, costing £400
Why should someone get more than just house insurance when owning a home with property?
House insurance covers only damage to the actual house and contents. Additional insurance may be needed for outbuildings and other structures, such as fences. Liability insurance may also be needed in case somebody gets hurt on the property.
Where can one find more information about appraisal management companies?
Appraisal management companies assist in evaluating assets that loans are secured against. Information about these kind of companies can be found on Appraisal Today and Nationwide Appraisal Services.
Where can someone find more information about Bexar county appriasal district?
One can find more information regarding the Bexar County Appraisal District on the BCAD website. On there will be a range of resources explaining the system.
Where can one find information on property in Balbriggan?
For someone seeking information on property in Balbriggan, one could visit at the offices of O'Connor Property Consultants for advice and assistance. One could also find more information at Daft for Balbriggan properties.
Where can someone find information about investing in residential property?
One can find more information about investing in residential property from: Knight Frank, CBS, Guardian, Investopedia, Home Guides, Property Observer, Savills Resident Investment, Hearth Stone.
Where can someone find more about the company Madison Property?
One may find more information about the company Madison Property though the associated Yelp profile page. There are user reviews and rating that are helpful.
When inheriting Real Estate Property from the last deceased parent what basis points are used for tax purposes?
Your basis would be the Fair Market Value of the property at the time of death or the alternate valuation date selected by the executor of the estate, plus any adjustments necessitated by events after the date of death. If an estate tax return was filed, you should obtain the information from the return. If not, you should obtain an appraisal. If no appraisal was performed, you can get a retroactive appraisal done, but these are expensive, especially as more time passes.
How much money does a commercial property appraiser make?
A commercial real estate appraiser/analyst with an MAI professional designation from The Appraisal Institute can make well into a six figure annual income. Most MAI appraisers are self-employed, although the banking industry, particularly large regional and national banks, hire staff MAI appraisers as appraisal reviewers. For more information search The Appraisal Institutes's web site.
What is the appraisal value on a 1912 spingfield rifle?
Without more specific information; 100-1000 USD or so
Where can one find more information about USPAP?
There are many websites a person can utilize to find more information about USPAP. Some of these websites are Appraisal Foundation, Wikipedia, Appraisers and Appraisers Association.
Where can someone find information about a security system for their home?
There are many websites that someone can visit to find out more about security systems. Quick Safe provides products and information about how to protect a property. The site Security Systems offers reviews about security systems.
What is the appraisal of a 1955 Smith Wesson handgun?
Without more information, the price range could be from 50-5000 USD.
Should you get a second appraisal for your house in a divorce situation when one party is buying out the other The party buying the house got a free appraisal for applying for the loan.?
A free appraisal..........It prob. was worked into the fees. I don't know of any appraiser who works for free - even for someone they know. (would you). Anytime a free appraisal is involved you have to look at the motivation of all parties. An appraiser is supposed to be an UNBIASED party. If they are waiting to see if the loan goes through to get paid, or have to make a certain number to make the deal work, that is not unbiased. If I were you I would get another appraisal, additionally the way property values are going a more recent appraisal will be more accurate, but prob for less as market conditions have been fairly negative for some time (longer market times, lower prices.)
