T. Haan & Associates was established in 2004, completing valuation assignments throughout California. We narrowed our coverage over time to specialize in Southern California, then specifically the Inland Empire. Our services included general appraisal assignments, litigation support, and eventually establishing quality controls and standards for local direct lenders through the 2008 Financial Crisis.
Bank of America enlisted the services of T. Haan & Associates to assist in valuing Countrywide's portfolio of distressed assets from 2009-2013. Completing over 5,000 valuations for Bank of America, T. Haan & Associates solidified their position as experts within the Inland Empire. Our services have included general, commercial and residential appraisal assignments, litigation support and establishing quality controls and standards for local direct lenders.
With over 12,000 appraisals completed over 20 years, T. Haan & Associates has a wealth of valuation knowledge and experience. We have trained and developed talent throughout Southern California and continue to be champions of the profession.
Bank of America enlisted the services of T. Haan & Associates to assist in valuing Countrywide's portfolio of distressed assets from 2009-2013. Completing over 5,000 valuations for Bank of America, T. Haan & Associates solidified their position as experts within the Inland Empire. Our services have included general, commercial and residential appraisal assignments, litigation support and establishing quality controls and standards for local direct lenders.
With over 12,000 appraisals completed over 20 years, T. Haan & Associates has a wealth of valuation knowledge and experience. We have trained and developed talent throughout Southern California and continue to be champions of the profession.
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These are a popular method of avoiding probate fees and hassles, but don't help avoid estate taxes.
Living trusts were formerly used mostly by the wealthy, but have now filtered down to the middle class, and are becoming more popular.
Typically, no appraisal is done when the trust is established.
Whether or not an appraisal is needed when the person dies depends on how the trust is set up and what is in it.
The typical issue is the stepped-up basis if the property is not sold.
Of course, that's assuming the real property is transferred into the trust before the person dies (funded).
Living trusts were formerly used mostly by the wealthy, but have now filtered down to the middle class, and are becoming more popular.
Typically, no appraisal is done when the trust is established.
Whether or not an appraisal is needed when the person dies depends on how the trust is set up and what is in it.
The typical issue is the stepped-up basis if the property is not sold.
Of course, that's assuming the real property is transferred into the trust before the person dies (funded).
A pre-listing appraisal is a home sellers key to success in obtaining an accurate unbiased opinion of value.
According to the National Association of Realtors, when a property is initially listed at a competitive price, sellers receive 10% more upon the sale of their home when compared to properties which were listed at non-competitive prices.
When a property is priced incorrectly, sellers are often forced to make multiple price reductions and potentially accept "low-ball" offers from buyers with unfavorable terms.
According to the National Association of Realtors, when a property is initially listed at a competitive price, sellers receive 10% more upon the sale of their home when compared to properties which were listed at non-competitive prices.
When a property is priced incorrectly, sellers are often forced to make multiple price reductions and potentially accept "low-ball" offers from buyers with unfavorable terms.
A real estate broker has taken education beyond the agent level as required by state laws and passed a broker's license exam and have proven expertise in the real estate industry.
Brokers are capable of representing clients in all matters of real estate.
As valuation professionals, we offer acute value insight and representation of our clients in all real estate transactions.
With confidence in knowing the value of real estate assets, negotiation and leverage is on your side.
Call T. Haan & Associates to discuss your real estate assets and how we can improve diversifying and the performance of your portfolio.
Brokers are capable of representing clients in all matters of real estate.
As valuation professionals, we offer acute value insight and representation of our clients in all real estate transactions.
With confidence in knowing the value of real estate assets, negotiation and leverage is on your side.
Call T. Haan & Associates to discuss your real estate assets and how we can improve diversifying and the performance of your portfolio.
Properties can be appraised as of a historical (retrospective) date, current date, or future (prospective) date.
Appraisals are based on the analysis of market data.
So, when appraising historical dates, an appraiser will consider comparable data that sold prior to the historical date.
Data after the historical date should not be considered because of uncertainty of future events as of the historical date might impact sales after that historical date.
For example, if a major employer opened or closed facilities after the historical date, if interest rates increased or decreased significantly after the historical date, the comparable sales date may be impacted.
Appraisals are based on the analysis of market data.
So, when appraising historical dates, an appraiser will consider comparable data that sold prior to the historical date.
Data after the historical date should not be considered because of uncertainty of future events as of the historical date might impact sales after that historical date.
For example, if a major employer opened or closed facilities after the historical date, if interest rates increased or decreased significantly after the historical date, the comparable sales date may be impacted.
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