Hi, many thanks for your video, very good explanation! :) I have a question: are there any legal requirements or guidelines for bank appraisers to follow when they appraise a property for a loan? Are there any procedures prescribed by law that each bank must follow?
In the US, the appraisal must adhere to USPAP standards, and licensed/certified appraisers must keep abreast of any changes in USPAP as they continue their education for license renewal.
great video...i have a four unit and a two unit looking in purchasing another four unit...with the collateral on my four unit...not sure what bank would be the best...the property is in wv
I am an appraiser in Brazil, with license and experience, degree in real estate business, also acting as a judicial expert, you use the market comparison method by factors, homogenizing the samples, depreciation by hoss-heideck, average, standard deviation, sanitation by excluding chauvenet, limits and arbitrary field?
I'm looking to buy a retail building that was vacant. A broker sends me comps of a like space 100% occupied... Doesn't income matter when determining comps in commercial? I think this broker tried to pull a fast one..
Billionaire Tim Draper - $250k Bitcoin, 2022 year end Stock-to-flow model by Plan B - $288k Bitcoin, 2021 year end Citibank - $318k Bitcoin, 2021 year end Scott Minerd from Guggenheim - $400k Bitcoin JP Morgan - $600k Bitcoin.
I'm doing an interview in a real estate investment firm and finding your channel was the best thing ever. Really appreciate!
Great to hear, William! Good luck with the interview!
@Shepard Darwin no one gives a damn, bot
Well explained, very concise!
I am a Regional and Urban Planning student taking property valuation and management as a course
Ok nice
Love it! I have an interview with a valuation consultant tomorrow and this just helped me out a lot!
Did you ever end up getting the job? If so, how are you doing two years in? Just curious because I'm applying to places right now.
You are always crystal clear! Well done.
Thank you, Anna!
Well done, very clear! Thanks
Never thought about it this way! Thanks
Justin-- GRM is a sales comparison approach method...
Have an interview for this department today at Wells
Just awesome video
Hi, many thanks for your video, very good explanation! :)
I have a question: are there any legal requirements or guidelines for bank appraisers to follow when they appraise a property for a loan? Are there any procedures prescribed by law that each bank must follow?
In the US, the appraisal must adhere to USPAP standards, and licensed/certified appraisers must keep abreast of any changes in USPAP as they continue their education for license renewal.
Please talk about the impact on covid 19 on valuations
Great video 👍
thanks
Thanks
On target
great video...i have a four unit and a two unit looking in purchasing another four unit...with the collateral on my four unit...not sure what bank would be the best...the property is in wv
Local banks that know the market will generally be most helpful for smaller deals like this - you may want to check those out first. Good luck!
I am an appraiser in Brazil, with license and experience, degree in real estate business, also acting as a judicial expert, you use the market comparison method by factors, homogenizing the samples, depreciation by hoss-heideck, average, standard deviation, sanitation by excluding chauvenet, limits and arbitrary field?
nice video
Hello, can I ask for the references you've used for this video?
Among your lectures, what is the course name for valuation?
Do you have any models for valuation of a property by sales comparison, cost approach and dcf
Where can I access the free financial modeling crash course you mentioned at 6:40 ?
Hey Cole, you can access the course here: breakintocre.com/youtube-landing-page/
I'm sorry Cole,
You just look like a humongous chad.
Is it weird to ask banks if they use a certain method for appraisals before you attempt to get a loan?
Most residential appraisers use the Sales Comparison Approach
I'm looking to buy a retail building that was vacant.
A broker sends me comps of a like space 100% occupied...
Doesn't income matter when determining comps in commercial?
I think this broker tried to pull a fast one..
Billionaire Tim Draper - $250k Bitcoin, 2022 year end
Stock-to-flow model by Plan B - $288k Bitcoin, 2021 year end
Citibank - $318k Bitcoin, 2021 year end
Scott Minerd from Guggenheim - $400k Bitcoin
JP Morgan - $600k Bitcoin.
😓I took ur courses but I m unable to retain the knowledge
Same!
He speaks too fast 😏
I will like to chat you up on whatapp