The process of determining a property’s market value is called a real estate appraisal. The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. The appraiser also needs to be aware of the zoning […]
Appraisers are often tasked with providing valuations for properties that can be very different from one another. From one house to the next, things can and often do change. Everything from the number of bedrooms to the quality of the construction. However, in order to provide credible valuations, appraisers often have to find an objective […]
https://www.bostonappraisal.com/wp-content/uploads/2023/02/DeveloperNajib_a_house_measuring_with_a_measurement_tap_calcula_3c1cc007-8485-4300-92f0-5b6c1d7daa88-1.png431599Boston Appraisal Serviceshttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngBoston Appraisal Services2023-02-02 08:40:482023-02-02 09:29:51Gross Living Area Discrepancies with Public Data May Differ and How They Occur
The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. Because of the high appeal of owning […]
https://www.bostonappraisal.com/wp-content/uploads/2023/01/processed-aeb723be-4d52-4767-b684-3884f0f3c392_2yDaPdk2.jpeg415739Boston Appraisal Serviceshttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngBoston Appraisal Services2023-01-18 04:21:382023-01-19 08:18:09The Rise in Interest Rates And How It Affects Buyers and Sellers
In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal […]
https://www.bostonappraisal.com/wp-content/uploads/2022/10/Hybrid-Appraisals-and-the-Associated-Risks.png568720Didarul Salamhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngDidarul Salam2022-10-08 06:46:442022-11-09 12:15:12Hybrid Appraisals and the Associated Risks
What’s going to happen with Boston real estate? In the coming weeks, months, and years, is it going to go up, down, or sideways? Is it time to buy or sell? One thing’s for sure: No one knows. No one has a crystal ball, and there are countless factors that can affect property values. However, […]
When to Apply Extraordinary and Hypothetical Assumptions
The process of determining a property’s market value is called a real estate appraisal. The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. The appraiser also needs to be aware of the zoning […]
Gross Living Area Discrepancies with Public Data May Differ and How They Occur
Appraisers are often tasked with providing valuations for properties that can be very different from one another. From one house to the next, things can and often do change. Everything from the number of bedrooms to the quality of the construction. However, in order to provide credible valuations, appraisers often have to find an objective […]
The Rise in Interest Rates And How It Affects Buyers and Sellers
The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. Because of the high appeal of owning […]
Hybrid Appraisals and the Associated Risks
In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal […]
Boston, Massachusetts Real Estate Market Analysis
What’s going to happen with Boston real estate? In the coming weeks, months, and years, is it going to go up, down, or sideways? Is it time to buy or sell? One thing’s for sure: No one knows. No one has a crystal ball, and there are countless factors that can affect property values. However, […]