If you are someone who has ever needed a real estate appraisal, you might have noticed quite a big difference in the cost between residential and commercial appraisals. While both serve the same basic purpose, that of valuing real estate properties, it should be noted that the cost of commercial appraisals will often be significantly […]
Boston Real Estate Market Analysis The Boston Real Estate Market Analysis provides insights into the city’s housing trends, predictions, and key factors shaping 2025. Is the market poised for growth, a downturn, or stability? Whether you’re buying or selling, understanding Boston’s real estate dynamics is essential. What’s going to happen with Boston real estate? In
Understanding the low home appraisal reasons is crucial for homeowners considering refinancing their mortgages. If you’ve jumped on the refinance bandwagon, you might be surprised to learn that your home’s appraisal could come in lower than expected. With interest rates at record lows, many homeowners are eager to take advantage of refinancing opportunities. However, when
Choosing an appraisal firm to handle your sensitive commercial and residential valuation needs in Massachusetts is an important decision. When considering lending money, or working with a third-party that will rely on your appraisal, it’s critical to ensure that the valuation is accurate, credible, and reliable. A faulty or biased report has the potential to
Many Massachusetts valuation clients choose to work with appraisal management companies (AMCs) due to the fear of compliance issues with Dodd-Frank and the Consumer Protection Act. It’s a common misconception that to avoid bias issues, and maintain transparency, that you have to use an AMC. For a brief period after the financial crisis of the
How do you know if you’re making the most money possible from a property? Are you getting the greatest economic and functional value from your investment? How will the long-term value of the property be affected by zoning changes, new developments, and the usages of surrounding properties? Highest and best use analysis considers these issues
An appraisal is more than just an estimate of value for the subject property. It provides unique insight into a local real estate market and how a broad range of social, economic, and structural properties influence value. A property valuation is also a critical tool in lending and investment spheres that is relied upon to
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