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Posts Tagged ‘Real Estate Appraisal’
January 10, 2012 Present Value LLC’s Top Five Posts on the International Financial Reporting Standards (IFRS)
International Financial Reporting Standards (IFRS) is a set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS is issued by the International Accounting Standards Board. Conversations are still swirling over whether or not the Securities and Exchange Commission (SEC) will adopt IFRS or some [...]
December 1, 2011 Fighting the Low-Ball Appraisal
Disagreements over real estate values are nothing new. A real estate appraiser who is familiar with an area, performs due diligence, and takes updates and upgrades into consideration will likely have a much higher valuation of a property than an appraiser who breezes in and cashes a paycheck. Unfortunately, both types of appraiser exist. In [...]
August 24, 2011 Which Is Better – a 15-Year Mortgage or a 30-Year Mortgage?
Current interest rates for mortgages are very low, enticing some homeowners to refinance. The current interest rate on a traditional 30-year fixed mortgage is around 4.25% right now, but the current interest rate on a 15-year fixed mortgage is hovering around 3.4%, which makes this an extremely attractive option for those homeowners able to handle [...]
July 21, 2011 The Debt Ceiling and Your Home’s Value
There’s been a lot of talk in the news lately about the debate over raising the debt ceiling. Historically, when spending was greater than revenue, the government agreed to raise the debt ceiling. But if Congress doesn’t reach that conclusion this time, it could affect the value of your home. There are some economists who [...]
October 5, 2010 What’s Your Business Really Worth?
A recent article on Inc.com, “How to Find Out What Your Business Is Really Worth,” provides advice from a professional who has owned multiple businesses to small business owners, who might be wondering how much their businesses are worth. He discusses his own experiences as a business owner and wondering what his business was worth; [...]
September 16, 2010 Foreclosure Fraud
If you’re a fan of our blog, you know how foreclosure can drive down property value – we’ve discussed it often over the past year. Banks want to get bad loans off their books as quickly as possible, so they auction off foreclosed homes at extremely low prices. If you are interested in selling your [...]
September 14, 2010 What You Can Do to Help Your Home Appraise Better
When it comes to the real estate market, there’s not a whole lot you can do with regard to your home’s value, especially in a down economy. As we wrote in a previous blog post, “Property Values in the Age of Foreclosures,” if a real estate appraiser is comparing your property to similar ones in [...]
July 13, 2010 Fannie Mae Plays Hardball
As we all know, real estate appraisers are the men and women in the field, going from property to property and making evaluations based on years of training and experience, and then reporting these numbers to mortgage lenders to establish property values. But after receiving appraisals they feel are too high, some lenders have taken [...]
June 10, 2010 Oil Spill and Property Values
The ongoing oil spill in the Gulf of Mexico has had a devastating effect on the environment, and will likely continue to wreak havoc on the surrounding ecosystem for months or even years to come. But the spill is also affecting the real estate appraisal market, particularly in Florida. Two of Florida’s property appraisers have [...]
April 20, 2010 Not the Appraisers’ Fault, Either
One of our previous blogs, titled “Pointing Fingers,” covered an article written for the Business Insider website in which a real estate agent blamed real estate appraisers for the current mortgage crisis. “Typical,” stated one Massachusetts-based real estate appraiser, who had not read the article but was familiar with the allegations. “I hear that all [...]