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21 November 2024 | 305 replies
Those aren't appraised via income approach, they're appraised using comparable sales approach.
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13 November 2024 | 13 replies
Generally waiting at least 3 months will allow you to use the new appraised value compared to the purchase price so if you've done renovations that will help with your LTV for either a refinance where you change loan programs or rates (a rate and term refinance) or a cash out refinance that will give you access to more potential cash for your next project.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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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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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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11 November 2024 | 65 replies
No bank, agent, survey, appraisal, etc.
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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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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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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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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.
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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.