How Long are Property Appraisals Valid? » Mortgage Masters Group

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LUCIE COUNTY – Property values countywide are up 6.75 percent this year from last year, according to preliminary estimates released by Property Appraiser Michelle Franklin. "For the fifth year in a row, St. Lucie County is steadily making gains and continues to capitalize on the upward momentum in the recovering real estate market," Franklin said in a news release.

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Appraisals are a vital part of the loan approval process, because they determine whether a home is worth the purchase price. If a home is not worth the purchase .

A Long Island home sat idle on the market until both. First, it was years of unrelenting price gains, followed by a federal cap on state and local property-tax deductions. Then came a surge in.

Appraisal Facts With a Reverse Mortgage; by Kristen Curzytek. on 11.08.12. a licensed appraiser comes to the property and inspects your home to determine fair market value.. appraisals for Reverse Mortgages are valid for 4 months from the date of the appraisal until the date the loan closes.

Understanding the Difference Between an Appraisal vs Neighborhood Listing Prices. Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street?. It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer.

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5) What do we do in cities where the waiting list for an affordable senior living community is five years long. both a Bachelor’s degree in Real Estate and Urban Land Economics and a Master’s.

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