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So, how can REALTORS® better communicate and assist the appraiser through their process? Here is a list of tips from Knight: Don’t put restrictions on when the appraiser can make an appointment to inspect the property.
19 kwi 2017 · OAR denotes an overall rate of return, also known as overall capitalization rate. The term relates specifically to real estate and displays a ratio demonstrating the rate at which the income made from a property reaches its purchase price.
12 kwi 2017 · Sometimes real estate appraisal reports can look a little like hieroglyphics but today I’m going to help unravel some of the mystery and confusion associated with common appraisal industry lingo used in an appraisal.
A helpful list of the most commonly used real estate and property abbreviations used in all real estate related industries.
Overall Capitalization Rate (OAR) is often referred to as “CAP Rate”. It is a variable derived from dividing a property’s net operating income (NOI) by the property’s value.
Sample Form 201: Exclusive Buyer Agency Agreement. Please note: The brochure Questions and Answers on: Home Inspections mentioned on this form can be obtained from the North Carolina Real Estate Commission's Web site.
For estate planning, financial planning, or sale price decisions, individuals or a trusted advisor usually orders an appraisal. When an appraisal is used to obtain an opinion of value of a property for loan purposes, federal regulation requires the lender or its agent to place an appraisal order.
