Aug 26, 2012
Recently, real estate agent Barbara Cocoran went on the Today Show to discuss real estate pricing for the rich and famous. The high end market of celebrity real estate is not like regular real estate, not even compared to millionaires who own mansions in exclusive neighborhoods. According to Cocoran, buyers pay a premium prices on…View the full report…
Aug 18, 2012
Technology has revolutionized the appraisal industry. Tools have changed the landscape of the appraisal process. The right appraisal technology saves time and make the process more efficient. Technology can help in a variety of ways. For example, the appraisal process involves an examination of public records. Appraisers used to go to courthouses or mayor’s offices to obtain tax…View the full report…
Aug 12, 2012
We’re going to have a little fun with this post. There have been many homes of fictional characters that seem to price at immeasurable sums. Take Iron Man’s laboratory or Lex Luthor’s commercial properties– it’s interesting to think about how much their real estate actually costs. What about someone like C. Montgomery Burns from the…View the full report…
Aug 05, 2012
Several real estate appraisers have mentioned that foreclosures and short sales have created a new price structure that includes average home sales prices and distress sales. This means that homes may have been appraised at a lower value because the “comps” in the area are low as well. So what should a homeowner do if the…View the full report…
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