Cleveland Appraisal Blog

JUNE 30, 2023

I’m playing catch-up on blogs with the help of my guest bloggers. I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Relocating is not easy.

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Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. While it’s true that land values change over time, the land is a finite thing.

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Cleveland Appraisal Blog

JANUARY 7, 2021

For example, if a one-acre lot is selling for $10,000, does that mean that a two acre lot is worth $20,000? (Cue What may not be so obvious, is that the value per unit of measurement of an item, usually decreases as the size increases. What if the car salesman tried to sell a second car to a person who only needed one?

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Cleveland Appraisal Blog

DECEMBER 31, 2021

What an incredible housing market we have been in. Homes are still selling in record time. While that is the case, there are things that we can do to help increase our home’s market appeal, and potentially sell our home more quickly. The Cleveland Appraisal Blog provides a few ideas below.

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Cleveland Appraisal Blog

AUGUST 13, 2023

You were overjoyed when you installed that low-flow toilet – saving the planet one flush at a time. However, you’ve got a clogged drain with who knows what kind of sludge and your water bill hasn’t decreased at all. It takes time to increase the efficiency of your pipes and become more eco-and-maintenance-friendly.

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Cleveland Appraisal Blog

MAY 6, 2022

I have a special post from a first-time guest blogger, Betty White. The odds are that you’ve got that empty old house that feels a bit too big now that the little birdies have flown the nest. Perhaps you no longer feel safe living alone, or the work that needs to be done around the house and the yard have become too much.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

Others have expressed concerns that we are headed for a housing crash, like in 2008. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. Typically, yeast is the ingredient used to make bread rise. How does yeast work?

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Cleveland Appraisal Blog

APRIL 23, 2021

June reached out to me to see if I would be interested in having her write a piece for the Cleveland Appraisal Blog, on helping the elderly or disabled when they are in decline. This is a topic that is important to me because my wife and I have parents who are up in years, and we want the best for them. This is the case today.

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Cleveland Appraisal Blog

DECEMBER 19, 2021

It’s been a very busy time for everyone! Additionally, many professionals had to telecommute full-time since they could report to the office. The situation meant that people were spending far more time in their Cleveland homes. It lets you spend time outside while remaining comfortable. I always enjoy his articles.

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Cleveland Appraisal Blog

APRIL 11, 2023

Because the sales we use to compare to the property we are appraising, sold at some time in the past. With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Not professional appraisers. Why is this important?

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Cleveland Appraisal Blog

JUNE 10, 2021

Sometimes, they were not my client at that time. Have you ever noticed that sometimes you will get a rogue onion ring in your order of fries at Burger King? Is it that one onion ring just decides to hitch a ride in the scooper? Or is something else afoot? Word on the street has it that Burger King does this on purposes.

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Housing Wire

NOVEMBER 29, 2023

Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Of course, you can’t do everything — but consistency is important.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

WHAT DO APPRAISERS DO WITH EACH VALUE? What does the appraiser do with the three different values that may be developed? You may have noticed that there are three approaches to value. The Sales Comparison Approach, the Cost Approach, and the Income Approach. The third approach to value is the Income Approach. I’m glad you asked!

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Cleveland Appraisal Blog

JUNE 7, 2022

Plus, turning a spare room or empty basement into a home office can increase your home’s appraisal value, ensuring a return on at least some of your investment if you wind up selling your home in the future. Check out the following ideas from Cleveland Appraisal Blog to design your home office on a budget! Hidy Ho friend!

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Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate? So, what is its economic life?

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Birmingham Appraisal

MAY 1, 2024

Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house” There are so many factors that must be taken into consideration. Updates or Renovations?

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Cleveland Appraisal Blog

APRIL 29, 2021

With the spring selling season upon us, my volume of work has been very high. Welcome to Emily Miller , who wrote this piece for the Cleveland Appraisal Blog. What Home Appraisers Look For. Let’s talk about what home appraisers look for, in my experience. Does it house one or two vehicles? Existing space.

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Cleveland Appraisal Blog

FEBRUARY 11, 2022

Sadly, since that time, I consumed too many peanut M&M’s whilst binging movies for an extended period, which has not helped my running. The last time I purchased new running shoes was seven years ago. They really put a lot of thought into what is going to best support your running. I had some options.

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Housing Wire

JANUARY 27, 2022

And it’s not likely to reverse course any time soon, predict market observers, such Brian Lan dy , managing director of Amherst Pierpont Securities. Landy explained that lenders selling their loans through the cash window can become “reliant on what the GSEs recognize as being worth a pay-up.”

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Movoto

APRIL 30, 2024

What is the Most Profitable Way to Sell My House? Many are attracted to the prospect of selling their home without help as this circumvents agency commissions. That said, despite the fees your real estate will claim from a sale, realtors often sell for a higher price, which is one of many factors to consider.

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DW Slater Company

SEPTEMBER 29, 2022

How are we doing in our housing markets? This recent study from Wallet Hub has Texas dominating the list as the best housing market in the US based on attractiveness and economic strength. The days of bidding wars and selling over asking price appears to have come to an end. What’s happening in our markets?

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Birmingham Appraisal

JANUARY 24, 2024

Mastering the Game: Why Housing Statistics Are Your Secret Weapon in Real Estate Hey there, fellow real estate pros! In the fast-paced world of house sales and market trends, staying ahead of the game is everything. Why Bother with Housing Stats? So, kick back, enjoy the ride, and get ready to crack the code of housing stats.

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Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. When we appraise a house, we’re figuring out how much it’s worth. The market dynamics have changed namely interest rates. All three approaches are not always used but depend on the property itself.

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Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. In my last post, I discussed statistics related to supply and demand.

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DW Slater Company

AUGUST 24, 2021

Since we are still dealing with the pandemic and the delta variant has hit our area, the sense of normalcy is fragile at best. That said, the housing market is still very strong in North Texas. That said, the housing market is still very strong in North Texas. Homes are still selling at or above list price.

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Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. When we appraise a house, we’re figuring out how much it’s worth. The market dynamics have changed namely interest rates. All three approaches are not always used but depend on the property itself.

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Raleigh Realty

FEBRUARY 19, 2022

What is the average price of sold homes in your area? How many homes will you need to sell in order to reach your desired commissions? How many homes will you need to sell in order to reach your desired commissions? If you could go back to your first year as a Real Estate Agent, what advice would you give yourself?

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Birmingham Appraisal

DECEMBER 19, 2023

As always, if you have any questions about what I am discussing here or about the appraisal process in general feel free to contact me. Since most agents price a house based on its square footage , it stands to reason that if it is incorrect, your pricing can be off. Two things can happen with this occurs.

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Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? Because of their relationship, each party may not be acting in their own best interests. To read more, Click Here My comments: We all see comps that seem to sell below market. What should appraisers look for in a sales contract? It’s a good discussion of this topic.

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Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. Selling now is especially beneficial, as listing during the winter months specifically before March, will earn you the most money! So, what do you, as a seller, do in this scenario?

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GoForrmz

OCTOBER 26, 2022

In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. But there is one thing for certain: technology has changed the overall industry.

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Birmingham Appraisal

AUGUST 8, 2023

What are the Benefits of Getting a Pre-Listing Appraisal? If you’re thinking about selling your house, you might be wondering how to get the best possible price for your property. 1) Setting the Right Price from the Start: When it comes to selling your home, pricing is a crucial factor.

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Berkshire Hathaway

JUNE 21, 2022

We have all been there – deciding on whether or not to save time and money by taking listing photos of our home ourselves, or hiring a professional photographer to do the work for us. According to RIS Media – Homes with high quality photography sell 32% faster than homes with basic photography.

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Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Look at this lull as a time of opportunity. A time to finally work on and execute a plan for your business.

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Lamacchia Realty

JULY 1, 2021

Photo by: Roman Lacheev When selling your home, it can often be a stressful experience cleaning up and getting your house ready for showings. You need a place for your kids to play around and have fun, but you also want to keep your house in tip-top showing shape at the same time. People do this all the time.

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The Robert Weiler Company

MAY 18, 2022

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. And, even more surprisingly, landscaping can also increase the time it takes to sell commercial property by as much as six weeks. What is Return on Investment in Commercial Real Estate?

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Lamacchia Realty

SEPTEMBER 13, 2022

To successfully sell a home , an accurate price must be in place to compliment a solid marketing strategy. Contrary to the popular belief that a higher list price will yield a higher sell price, overpricing will actually drive the value of your home? because it will sit on the market for a long time. ?These

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