Cleveland Appraisal Blog

APRIL 21, 2022

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. Inspection training was very good.

Appraisal 86

Appraisal Training Inspection Real Estate 86

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer. The agreement is solely between the buyer and the seller, and there is no bank or lender involved.

Contracts 143

Contracts Tenants Legal Sellers 143