Word-of-the-Week: Appraisal
An appraisal is an individual’s opinion or estimate of a property’s value on a specific date, reduced to writing in an appraisal report.
Read More
Tag: appraisal
Spotting appraisal deficiencies
Knowing the common appraisal deficiencies can help you successfully rebut a low appraisal.
Read More
Buying sight-unseen: the new norm in the COVID-19 era
While more difficult, homebuying and selling may still continue in the coming weeks of COVID-19 isolation.
Read More
Rules Controlling Appraisals
Maintaining appraiser independence and neutrality
Read More
Correlation of Values and Creation of the Appraisal Report
Reconciliation of property values and creation of a completed Uniform Residential Appraisal Report
Read More
Three Appraisal Approaches: Income Approach
Using the income appraisal approach to set a property’s value based on its rental income.
Read More
Estimating Replacement Cost and Depreciation Under the Cost Approach
Specific methods for estimating replacement cost and depreciation, and the three types of depreciation
Read More
Three Appraisal Approaches: Cost Approach
Determining a property’s market value by adding the value of the lot as though vacant plus the current construction costs, less depreciation
Read More
Three Appraisal Approaches: Market Comparison
Analyzing the selling price of comparable properties to establish the value of the subject property under the market comparison approach
Read More
California’s appraiser population is declining rapidly
The number of licensed appraisers in California is the lowest since the BREA began recording the appraiser population in 1993.
Read More
Defining the Appraisal Effort and Gathering Data
Six critical steps of the appraisal process
Read More
Economic Principles in Appraisal, Part II
Fundamental economic concepts used in the appraisal of real estate, Part II.
Read More
Economic Principles in Appraisal, Part I
Fundamental economic concepts used in the appraisal of real estate, Part I.
Read More
An Opinion of Value
Factors considered in the appraisal process to determine a property’s value
Read More
Appraisals and the trouble with single point valuations
Usually, the appraisal is reduced to an exact dollar amount. But how useful and accurate is that single point valuation?
Read More
Appraisal threshold to be raised for first time in 25 years
Appraisals will not be required for one-to-four-unit residential property transactions of $400,000 and under.
Read More
Lawful agent-appraiser communications
The BREA debunks the common belief that appraisers may not have any communications with real estate agents in a transaction.
Read More
POLL: How often are deals contingent on new financing killed by low appraisals?
How often are your deals which are contingent on new financing killed by low appraisals?...
Read More
Federal agencies seek to exempt more low-priced homes from appraisal requirements
The agencies are asking for public comment on the proposal to increase the appraisal exemption threshold.
Read More
Intended users other than a client may access restricted appraisal reports
A new law broadens access to low-cost restricted appraisal reports for individuals other than an appraiser’s client.
Read More
