Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. None were great.

Development 337

Development Appraisal Market Value Valuation 337

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision.

Appraisal 148

Appraisal Tenants Investors Business 148

McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Not “value in use”.

Appraisal 54

Appraisal Valuation Real Estate Design 54

Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. If the estate is going through probate, an accurate inventory of the decedent’s possessions—including any real estate properties—is required.

Appraisal 78

Appraisal Real Estate Valuation Market Value 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision.

Appraisal 78

Appraisal Tenants Investors Business 78

Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

Appraisal 78

Appraisal Real Estate Market Value Technology 78

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Loan officers are typically looking for an assessment of the condition of the house and a rough market value to put on the mortgage documents. Evaluate the appraiser’s experience.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Empire Appraisal Group

AUGUST 12, 2021

Many characteristics affect the appeal, marketability, and value of a property. Note: Floor plan functionality may affect marketability and value. From an appraiser’s perspective, however, areas excluded from the calculation may still contribute substantially to the appeal, marketability, and value of the property.

Sellers 78

Sellers Appraisal Development Buyers 78

Empire Appraisal Group

JULY 1, 2021

It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. Bradley says some real estate pros give her a spreadsheet of the multiple offers on the property. “We

Agents 78

Agents Appraisal Real Estate Realtors 78

Property Metrics

MAY 28, 2021

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Appraisal Today

APRIL 2, 2023

included are many practical marketing tips, how they differ from lender appraisals, what types are best for you and more. This can effect the marketability of a home. The May issue of Appraisal Today will have a review of an excellent book: The Valuation of Condominiums, Cooperatives, and PUDs. Burned Out on Working for AMCs?

Contracts 52

Contracts Appraisal HOA Architecture 52

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Review Report: 08/02/2021. There is a second tier to this assignment which includes the reviewer’s consultation.

Appraisal 40

Appraisal Design Development Legal 40