Cleveland Appraisal Blog

DECEMBER 10, 2022

As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt. Betty is not an appraiser. I can tell you that some buyers will certainly agree with these points! 1 Natural disasters.

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Appraisal Buyers Renovations Investing 298

Cleveland Appraisal Blog

OCTOBER 12, 2022

When appraising a property, I usually look to see if there is any information on Zillow about the property I am appraising. Not Understanding How Zillow Reports their Finished Square Footage Can Be Confusing. Because sometimes as appraisers, we miss comparable sales. What’s wrong with this? Nothing at all!

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Market Value Appraisal Clients Marketing 334

Cleveland Appraisal Blog

FEBRUARY 11, 2022

Any runner will tell you that good shoes are very important! One benefit of going to a store that specializes in running shoes is that they will measure and analyze your feet to find shoes that are right for you. They really put a lot of thought into what is going to best support your running.

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Appraisal Market Value Clients Design 221

Appraisal Buzz

SEPTEMBER 27, 2021

You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” This response reminds me of the fitness culture several years ago, when it felt as though everyone I met would first tell me that they did CrossFit, sometimes before even stating their name.

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Real Estate Agent Real Estate Valuation Appraisal 370

Appraisal Buzz

OCTOBER 11, 2021

Tell someone that you’re a professional fee appraiser and most folks won’t have any idea what that really means. If they’re in the mortgage industry, they’ll likely fall into one of two groups – those who understand the value you bring to the home finance transaction and those who think you fill out forms.

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Appraisal Clients Advertising Investors 397

Housing Wire

AUGUST 18, 2020

Last week, the MBA reported that refinance activity rose to its highest level since May, now accounting for 65.7% As companies try to manage longer appraisal turn times and a finite number of underwriters and support staff for all loans, refinances might get put on the back burner. Johnson said.

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Advertising Loan Officers Clients Marketing 458

Appraisal Buzz

NOVEMBER 29, 2021

This article was first published in the Fall 2021 Edition of Appraisal Buzz Magazine. Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) Know what average home values are in your area. (2)

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Valuation Supply Chain Bracketing Appraisal 370

Cleveland Appraisal Blog

OCTOBER 14, 2021

By the way, did you know that there are many types of sourdough? Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. On many of my appraisals at that time, my opinion of value would not support the contract price. How does yeast work? Pretty cool!

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Inventory Market Value Appraisal Contracts 243

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Could being located next to a property that is an eye-sore cause a loss in market value to your home? And having a difficult neighbor can at times diminish our view of what we feel the market value of our property is.

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Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

NOVEMBER 1, 2023

The senior data scientist at appraisal tech startup True Footage previously worked at REX , a mostly defunct discount brokerage that charged seller fees as low as 2.5% “It’s your prerogative to do whatever you want to do, but I can’t aid in the demise of my profession.

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Clients Agents Buyers Sellers 432

Appraisal Buzz

MAY 31, 2021

Many of you reading this are probably familiar with this case that recently went viral. A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. Beyond the Headlines: Residential Appraisal Review.

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Valuation Appraisal Real Estate Insurance 370

Cleveland Appraisal Blog

MAY 12, 2022

Have you been to the Copacabana? Perhaps you’ve been to the Copacabana nightclub in New York City, made popular by Barry Manilow’s song Copacabana in 1978. In the meantime, I want to visit with you about an awesome software and service that is changing the way real estate professionals measure homes and provide floor plans.

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Inspection Appraisal Tools Advertising 341

Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? We have you covered. You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal.

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Appraisal Process Appraisal Construction Sellers 139

Appraisal Buzz

APRIL 4, 2022

Let’s put aside for the moment the causes of the steadily increasing rate of inflation, and instead take a closer look at what impact it has on housing prices. Let me preface this by saying I don’t have a crystal ball (or a Delorean) so I can’t tell you what the future holds for residential real estate. Interest Rates.

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Buyers Real Estate Government Appraisal 370

Appraisal Hub

JUNE 22, 2023

Are you selling your home? Like any seller, you want to get the best deal and close quickly. Real estate appraisal companies can guide you in pricing your property accurately and fairly so that it doesn’t stay too long in the market. Need an appraisal? Clean it inside out.

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Appraisal Tips Real Estate Appraisal Sellers 78

Cleveland Appraisal Blog

JUNE 10, 2021

Have you ever noticed that sometimes you will get a rogue onion ring in your order of fries at Burger King? Another article at brobible, entitled “10 things you probably didn’t know about onion rings” , mentions the same thing. Perhaps you have also. Or is something else afoot?

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Business Advertising Appraisal Real Estate 273

Appraisal Buzz

FEBRUARY 14, 2022

This article was originally published on the Sacramento Appraisal Blog here. I welcome your constructive and thoughtful comments. So as an appraiser I need to be careful about crossing boundaries when choosing comps because prices might be different on the other side of a street. Let’s talk about that today.

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Appraisal Buyers Real Estate Legal 195

Cleveland Appraisal Blog

JANUARY 21, 2021

When performing an appraisal observation, appraisers must look for settlement issues and report on them. Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. What constitutes a structural vs. non-structural crack?

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Appraisal Inspection Real Estate Market Value 233

McKissock

MAY 17, 2023

When making appraisal adjustments, examine the quality of your data and remember that any quality ratings in your county records or MLS are not always reliable. Sources of data A lot of the time, you’re using MLS data. You can also look at county records and get information from data providers.

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Inspection Construction Appraisal Marketing 79

The Robert Weiler Company

APRIL 12, 2023

Lastly, some commercial property owners will see a negligible difference, regardless of the appraisal. The County Auditors are responsible for ensuring that every parcel of land (and any buildings within) are fairly and consistently appraised and assessed for tax purposes. The 2020 property reassessment included more than 5.5

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Property Appraisal Property Taxes Real Estate Valuation 148

Appraisal Today

MARCH 22, 2024

To maintain objectivity and credibility, you should evaluate sales based on criteria that most accurately reflect comparability, rather than focusing on price. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Contracts Business Insurance 65

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 75

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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Appraisal Real Estate Agent Renovations Home Value 69

McKissock

JULY 27, 2021

As a real estate appraiser, you’ve likely encountered assignments in which the purchase price is not supported by the available comps. So, what are the best ways to address complaints and requests in these situations? ” Here’s what they said. So you can show your value without doubt.”

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Appraisal Contracts Clients Marketing 109

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Maximize all filters, like school district and neighborhood amenities, to narrow your list to six.

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Marketing Real Estate Agent Real Estate Valuation 69

DataMaster

FEBRUARY 11, 2021

All appraisers have had to pick up new skills over their years of appraising. For some appraisers, implementing new technology and appraisal software is no issue because, let’s admit it, some people just “get it” when it comes to tech gadgets and software programs. It’s Time To Learn New Skills.

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Technology Appraisal Final Inspection Inspection 148

McKissock

MAY 18, 2022

It’s what catches someone’s eye and invites them to tour the house, so it can make or break how long a home is on the market. The outside of a home is what people first see, whether they’re browsing through listings online or driving through the neighborhood. Driveways Tell a Story. Landscaping Makes the First Impression.

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Buyers Decorating Real Estate Agent Inspection 92

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. To read more, click here My comments: Now we know what NAR members think about it.

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Appraisal Training Inspection Real Estate 85

Appraisal Today

APRIL 19, 2024

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers.

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Appraisal Contracts Valuation Design 67

Appraisal Today

DECEMBER 1, 2023

Today I have some thoughts about location, comp selection, and lenders freaking out when schools are mentioned in appraisal reports. But, crossing the highway does work here With that said, I want to show you an example of a local neighborhood where I have zero hesitation about pulling comps from both sides of the highway.

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Appraisal Business Contracts Technology 87

Appraisal Today

DECEMBER 29, 2023

Understanding Functional Obsolescence in Appraisals By: McKissock Excerpts: For appraisers, functional obsolescence can be a challenging concept because the elements that influence property values may not be obvious or immediately apparent. To read more, Click Here My comments: All appraisers see functional obsolescence.

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Appraisal Design Business Modernization 75

Appraisal Today

MARCH 8, 2024

Here are my thoughts, and I really want to hear from you too. I started appraising in 1975 and this was an issue then, continuing today. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Anything to add?

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Appraisal Contracts Real Estate Housing Market 81

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon Anywhere Dragon Anywhere is a dictation and speech-to-text app that allows you to create, edit, and share documents from your mobile device. This professional-grade dictation service could save you tons of time on typing reports and taking notes in the field.

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Appraisal Contracts Inspection Real Estate 73

DW Slater Company

JUNE 18, 2021

You can tell that 2020 has been an exceptional year with greater than average sale volume. Thank you Ryan Lundquist for your blog and recommendation of this data. We will continue to follow the market trends and report them each month. What are you seeing in your markets? What to Wear?

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Inventory Construction Marketing Housing Market 120

Appraisal Today

APRIL 5, 2024

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Still, all too many appraisers seek only to meet that minimum standard and little more. Systems fail.

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Appraisal Contracts Business Construction 75

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Appraisal? Like us here at D.

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Inspection Appraisal Real Estate Property Appraisal 95