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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Square footage: Ask three professionals, get three different answers.

Padove Appraisal Service

The real estate agent you are working with tells you the house is 2,200 square feet. The local tax assessor indicates that it’s 2,350 square feet. A real estate agent’s job is to market homes. These sources include the tax assessor, the seller, or the listing agent.

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What to Do If You Inherit A Home

McKissock

Specifically referring to things like the time and cost to maintain the property, as well as any taxes and levies that might come with it. Of course, the type, location and value of the property can contribute to the previously-spoken of headache. Rent out the property.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller.

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Important Mortgage Acronyms

Assurance Financial

Instead of writing a check to put down your earnest money, you can send it to your real estate agent using an ACH. The acronym “DTI” refers to your debt-to-income ratio and compares the amount of debt you have to your monthly income. FMV (Fair Market Value). LTV (Loan-to-Value).

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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

Quite a contrast to all the references to appraisal “bias” in the news. Popular topics include how to market to attorneys and get referrals from real estate agents. Estate/trust appraisals, the most popular for residential appraisers, are included. How much do appraisers contribute?