Contracts Definition Market Value Renovations 
Cleveland Appraisal Blog
JUNE 18, 2022
Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Too many appraisers? – APPRAISAL TODAY.
Appraisal Today
MAY 17, 2024
NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M It’s important to understand the difference between updates and renovations.
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McKissock
OCTOBER 3, 2021
As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. How the fix-and-flip investment strategy works.
McKissock
JANUARY 31, 2023
” “That we research value, we do not assign it.” ” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” The subdivision decides the market value of a home.
Town & Country Residential Appraisals
SEPTEMBER 26, 2022
But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.
Appraisal Today
JANUARY 19, 2024
During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. Note this definition does not condemn someone for the mere act of anchoring but states that condemnation is oriented to someone who relies too heavily on a specific piece of information.
Appraisal Today
FEBRUARY 16, 2024
There were definitely adjustments for homes built by famous, widely known, architects. The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). Worth reading. A good summary.
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