Why Speed Matters in Property Valuations & How It Benefits You
Imagine this: You’re in the middle of a messy divorce, settling a loved one’s estate, or moving to a new home. You’ve got attorneys, paperwork, and endless phone calls to juggle—and now, you’re being told you need a property valuation. You’re stressed and on a tight deadline with no time to waste. Now imagine you […]
Eminent Domain & the Role of Real Estate Valuations
As a homeowner, the idea of losing your property to eminent domain can be unsettling. Many property owners are left wondering if the compensation they receive is truly fair—or if they have any options to fight the process. In this blog, we’ll explore the ins and outs of eminent domain and why an independent real […]
What to Expect for Real Estate in 2025
Looking ahead to 2025, a mix of evolving economic factors, shifting demographics, and changing consumer behaviors will continue to define the real estate market. Let’s explore key 2025 real estate trends to watch and what you can expect in the housing market over the next year. Rising Home Sales The housing market will stay […]
How Often Should I Get a Property Valuation?
How frequently you may need a property valuation report depends on the type of property. In general, here are some property valuation guidelines. Residential: Every 1-3 years Commercial: Every 1-2 years Agricultural: Every 1-5 years, depending on the nature of the property However, if you’re actively buying, selling, refinancing, or going through any type of […]
Date of Death and Alternate Valuation Date: What to Know
Dealing with the loss of a loved one is never easy. On top of the emotional toll, there are many financial and legal matters to sort out. Knowing your options can help ease the burden during a tough time. One major part of settling an estate is figuring out how much your loved one’s property […]
What Is A Hybrid Appraisal
A hybrid appraisal is a real estate valuation approach that combines aspects of both traditional appraisals and automated valuation models (AVMs). In a hybrid appraisal, a third party inspector typically conducts an full interior and/or exterior inspection of the property to assess its condition and surroundings. They then use digital tools and data sources, such […]
What is a Reconsideration of Value (ROV)?
When it comes to real estate transactions, a lot rides on the value of a property. Whether you’re a buyer, seller, or mortgage lender, understanding the true value of a property is paramount. What happens when you believe the appraisal of a property is inaccurate or unfair? This is where a Reconsideration of Value (ROV) […]
Retrospective Appraisal: What You Need to Know
When it comes to valuing real estate, we often think about the current market conditions and the potential for future appreciation. However, there are times when understanding the historical value of a property becomes just as important. This is where a retrospective appraisal comes into play. In this blog post, we’ll explore what a retrospective […]
A Quick Guide to Property Data Reports
With the modernization of the appraisal process there was been a lot of buzz about the Freddie Mac Property Data Reports. We understand navigating these developments can be confusing, so we’re here to help. This blog post will explain what property data reports are, why they’re helpful, and what information they contain. Let’s dive in! […]
How Do You Determine Fair Market Value Of Commercial Property?
Before diving into determining a commercial property’s fair market value, we have to define what fair market value is. Fair market value is the estimated price at which a property or asset would sell for in an open market. It’s not a fixed or absolute number; it can fluctuate based on market conditions, economic factors, […]