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9 November 2024 | 3 replies
Generally speaking, as long as your daughter has not reached the $13M lifetime gift limit, the gift won't be subject to gift tax.You would want to get a qualified appraisal for the the fair market value at the time of gift/sale, Zillow is not the most reliable :-)
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11 November 2024 | 65 replies
No bank, agent, survey, appraisal, etc.
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13 November 2024 | 17 replies
Most do so believing its only temporary but s*** happens in this business..... timelines get stretched, appraisals come back lower than expected, rates remain high longer than expected etc. etc. and what's intended to be a short term solution often adds quite a bit of strain to the property and your business.
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13 November 2024 | 14 replies
Resale/Appraisal value of PadSplits are in line with tradtional real estate.
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7 November 2024 | 6 replies
FYI, ADUs will NOT pay for themselves on appraisals. if you are in an area without many ADUs, you may get $5-$15k as a value, even if you spent $100k on it.
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13 November 2024 | 13 replies
FlyhomesFlyhomes offers a lot of flexibility when it comes to buying and selling your home, and the worst case scenario is that you end up getting the appraised value for your home rather than the fair market value.
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9 November 2024 | 10 replies
The appraiser will do a 1007 to determine the market rent and the lender will use that figure to calculate the Debt Service Coverage Ratio.
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7 November 2024 | 2 replies
I would include at least the heavy hitters like title insurance, transfer taxes, appraisal, and paying my closing agent.
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6 November 2024 | 4 replies
The land by itself appraised for $60,000.
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19 November 2024 | 111 replies
I don't carry a gun, I don't even own one, don't feel the need.And as an appraiser I am going through every room in the house.