Sentences with phrase «independent appraisal»

The phrase "independent appraisal" refers to the evaluation or assessment of something by a person or entity that is not influenced or biased by others. It is done objectively and impartially, ensuring a fair and unbiased judgment or assessment. Full definition
That the process is standardized is one reason lenders are required to use independent appraisal reports when evaluating many mortgage applications.
Generally, the average of two or more independent appraisals.
The licensee must not allow a client to accept a valuation put for ward by the person making the offer without strongly recommending that independent appraisal advice be sought.
Insofar as portfolio companies own income - producing real estate (as many TAM portfolio companies do), the real estate accounted for under IFRS is carried at an appraised value based on appraisals by independent appraisal firms; under GAAP income producing real estate is carried at depreciated historic cost less impairments.
Brokers Allegedly Controlled Property Appraisals in Scheme to Defraud Lenders 12/14/2017 11:07 AM EST CHICAGO — The U.S. Attorney's Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions...
Anxious buyers often fail to obtain independent appraisals of the properties, and forgo home inspections as well.
Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals.
CHICAGO — The U.S. Attorney's Office in Chicago has charged two suburban mortgage brokers with fraudulently operating a purportedly independent appraisal management company to control property valuations, and brokering fraudulent loans to finance real estate transactions between themselves and nominees.
The Veterans Affairs» independent appraisal process has helped make these $ 0 down loans some of the safest on the market.
Each spouse should obtain a separate appraisal of the marital home because Independent appraisals protect each spouse's interests.
@Steve DellaPelle An independent appraisal would be ordered by the bank / lender.
I agree with those suggesting don't offer asking price, but you maybe ok to offer a bit over your provable sold comps (before or instead of bothering with independent appraisals)?
REALTORS ®, lawyers, mortgage brokers, financial planners, property managers, government and property owners all count on AIC - designated appraisers for unbiased and independent appraisals of commercial, residential, industrial, agricultural and public properties.
Lenders rely on independent appraisals conducted within FHA regulations...
«By drawing on its unique core competence in data, HouseCanary has been able to make some truly unique and powerful enhancements to appraisal technology,» says Michael Dresden, president of Dart Appraisal, a leading nationwide, independent appraisal management company.
You get an immediate charitable deduction for the full fair - market value of your business (determined by an independent appraisal), which you can carry forward into future tax years.
You can spend up to a year working with legal and financial advisors to meet requirements, such as obtaining an independent appraisal to value the company's stock.
That is a lot of daylight, and Perella Weinberg Partners, the boutique advisory firm, was brought in to arbitrate and make an independent appraisal.
A sale would require an independent appraisal of the two parcels that make up the land.
In 2004 the idea is to make the inspections a check on the school's own self - evaluation, thus destroying the whole idea of an independent appraisal.
Cupp alleged that the state of Georgia, with federal encouragement, shut her product out of Reading First by prohibiting its use until she got an independent appraisal showing that it was research - based.
Ask your board to carry out self - evaluation exercise, and report on their own skills, strengths and weaknesses as well as carrying out an independent appraisal.
Because Trofeo hasn't been road - test - ed by the leading automotive magazines, there's no independent appraisal readily available of its performance capabilities.
For example, if the discrepancy in the claim settlement is roughly equal to the cost of the independent appraisal, you might want to consider saving your time and money and accepting the insurer's settlement.
Appraisal Fee: This fee ($ 150 to $ 400 depending on the price of the home) pays for an independent appraisal of the home you want to purchase.
A better approach would be to institute a two — tier appraisal system where, instead of one appraiser doing all of the work, there would be a requirement for two independent appraisers to complete two independent appraisals for the property to be appraised.
At this stage, your Lender will explain to you the remaining items needed to close which include ordering an independent appraisal of the home, securing homeowners insurance, and completing the necessary items to finalize your home purchase.
The property's acceptability is established by an independent appraisal.
At this stage, your Lender will advise you on the remaining items needed to close which include ordering an independent appraisal of the home, attaining homeowners insurance, and completing the necessary items to finalize your home purchase.
Such growth seems a good prospect, based not only on the long - term track records of the companies in various TAM portfolios but, more importantly, assuming that the independent appraisals represent reasonable estimates of future cash flows for existing properties, then future cash flows should be relatively large compared to the current discount market prices for the relevant common stocks.
IFRS would be even more useful if the independent appraisals were publicly available, possibly as a footnote or addendum to periodical financial statements.
First, virtually all independent appraisals rely, directly or indirectly, on an income approach: — the investor gets a cash flow estimate based on the appraiser's estimate of NAV.
Our mortgage brokers will gather all the pertinent information related to the property such as a title search, any outstanding liens, credit score of the owners, property insurance and an independent appraisal of the property.
This would mean a loss for the VA, which is why they conduct an independent appraisal of properties.
They did take a BPO and later ordered an independent appraisal which actually came in about $ 15k higher than the BPO.
You will need to secure an independent appraisal of the property to establish the amount of your deduction.
You may have get an independent appraisal of the vehicle from a professional you and your insurer agree upon.
For example, if the discrepancy in the claim settlement is roughly equal to the cost of the independent appraisal, you might want to consider saving your time and money and accepting the insurer's settlement.
If you and your insurance company still disagree, your policy allows for an independent appraisal of the loss.
If your auto is damaged and you can not agree on the value of the vehicle (a total loss), you can request an independent appraisal.
The lender will get an independent appraisal of the property prior to closing, and the results could affect the rate and terms of your mortgage.
It will get that proof by requiring you to pay for an independent appraisal.
As the seller, you can support the buyer in this effort by sharing the competitive market analysis that you received from your agent or by giving her the results of an independent appraisal, if you have one.
a b c d e f g h i j k l m n o p q r s t u v w x y z