Residential Real Estate Appraisal

The Art of Real Estate Appraisal

This cogent, straightforward explanation of the residential single-family home appraisal process is written for home owners, investors, residential real estate appraisal and real estate agents who are not appraisers but who want to undersstand the methods the professionals use. It offers clear, comprehensive information on a timely topic, showing in practical terms how to figure out what a home is worth. It covers the three types of appraisals--sales comparison, cost, residential real estate appraisal and income capitalizations--and includes data collection worksheets residential real estate appraisal and sample forms. Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.
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Real estate appraisal - A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property.

Real estate broker - A real estate broker is in the business of brokering real estate transactions; that is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms.

Real estate economics - Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption.

Real estate contract - A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds.

residentialrealestateappraisal

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