Demand for Debt Service Coverage Ratio (DSCR) rental loans is high with the real estate market shifting to more rentals and Short-Term rental investments gaining popularity. Whether you are funding stabilized Long-Term Rentals (LTRs) or highly seasonal Short-Term Rentals (STRs), interest rate volatility, localized shifts in yields, and tighter secondary […]
Private lenders offering Bridge loans rely heavily on As-Is and After-Repair value (ARV) of a property and face a mix of valuation, operational, and risk-management challenges. These issues are different from traditional agency lending because speed, renovation assumptions, and borrower execution risk play a much larger role. You aren’t just […]
“Time kills deals.” In private lending, this isn’t just a saying; it’s the harsh reality of your P&L. You have the borrower. You have the terms. The capital is ready to deploy. But the file sits stagnant. Why? Because you are waiting on the appraisal. For private and portfolio lenders, speed […]
Let me try to make a case for what we call – Model Driven Valuation. For many years now the real estate appraisal industry has been grappling with numerous forms for various different property valuation needs. Talk to any appraiser in the industry and you will hear numbers such as […]
As stated in each article in this series, the sales comparison approach is only as good as the comparables used to arrive at the value for the subject property. One of the key aspects of determining the best comps is the use of Highest and Best Use (HBU) principles. In […]
The core foundation of the sales comparison approach to real estate appraisals is the quality of the comparables used and adjustments made to those comparables to arrive at a value for the subject property. In previous articles in this series we discussed two major topics – understanding the characteristic similarity […]
There are many steps in the process of reviewing appraisals and our focus in this series of articles is the comparable analysis step to validate the sales comparison approach. This is the second article which is going to delve into the validation of comparable adjustments. Please check out the earlier […]
The standards of real estate appraisal in the US includes 3 major methods for appraising the value of a real estate property – sales comparison approach, cost approach, and the income approach. Of the three the sales comparison approach is most commonly used for appraisals and is also included in […]
INTRODUCTION One of the top nationwide Appraisal Management Companies (AMC) that processes over 30K valuations per month wanted to get ready for desktop appraisals with dependable coverage and consistent data. PropMix was able to deliver nearly 96% geographical coverage with one standardized dataset of listings and sale records including many […]
Over the recent years the GSEs have been adapting their policies to embrace appraisal modernization driven by data and digitization. The objective is to introduce efficiencies into the appraisal process – decrease turn times, deal with reducing appraiser capacity, and handle increasing mortgage activity without compromising on the risk in […]