Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. What do they indicate and how do appraiser’s measure depreciation? This is from a home I recently appraised. At the top is the market value of the home.

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Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. You can also listen right here at Cleveland Appraisal Blog!

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Agents Appraisal Renovations Development 374

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

APRIL 15, 2023

If you own or run a business, chances are you have some experience with commercial real estate. At some point, you may need to have a commercial real estate appraisal done as it plays a critical role in many aspects of the commercial real estate industry. What is it?

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Riverfront Appraisals

AUGUST 31, 2021

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.

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Appraiserblogs

OCTOBER 4, 2022

And then being forced to explain why the Opinion of Value is not precisely that number, and if not, why not. Real estate is IMPERFECT. Many of you are aware that the GSE’s are in the process of evaluating the entire appraisal process, including the…. Related Posts: What's Happening With the New Forms?

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Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. You can also listen right here at Cleveland Appraisal Blog! – APPRAISAL TODAY.

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Appraisal Real Estate Real Estate Agent Loan Conditions 223

The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect.

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Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. When we appraise a house, we’re figuring out how much it’s worth.

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Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. When we appraise a house, we’re figuring out how much it’s worth.

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AmeriMac

MAY 15, 2024

One crucial aspect of the relocation process is the appraisal of the property being sold. Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. Why Are They Crucial for Successful Relocation?

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Appraisal Market Value Mortgage Appraisal Appraisal Process 36

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 87

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. Some people will say that it is market value because you have a willing buyer and a willing seller. Should Outlier Sales Be Used When Pricing a Listing?

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AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Real Estate Appraisal Valuation Loan Officers 36

AmeriMac

SEPTEMBER 30, 2023

If yes, then it’s time for you to consider relocation appraisal. Relocation appraisal is the process of evaluating a property’s value in the real estate market. This blog post will explore the importance of relocation appraisal and its purpose and approach.

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Appraisal Appraisal Process Real Estate Human Resources 36

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisal Appraisal Process Renovations Market Value 80

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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Appraisal Process Real Estate Appraisal Renovations 78

Premier Home Appraisal Blog

MAY 30, 2023

By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! This process can save you hundreds of dollars each month and thousands of dollars over the life of your loan. This is where the appraisal process comes in.

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Appraisal Home Value Appraisal Process Insurance 98

Simonson Real Estate

JUNE 10, 2020

It’s the outcome we strive for following the appraisal process. As an appraiser, it means we nailed that sweet spot and produced an accurate appraisal. The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable and reasonable range of value – not too high or too low.

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Real Estate Appraisal Clients Valuation 148

Appraisal Today

MAY 17, 2024

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Today

JANUARY 19, 2024

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! However, it has become clear that, while some appraisers are racist bigots, this blanket accusation has no basis in fact…. Excerpts: five bedrooms, 4.5

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Appraisal Contracts Real Estate Architecture 75

AmeriMac

SEPTEMBER 15, 2023

The appraisal process is an essential part of real estate transactions. The appraisal value can make or break the deal, whether buying or selling a property. But what happens when the appraised value comes in lower than expected? This is where rebuttal appraisal comes in.

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Birmingham Appraisal

SEPTEMBER 15, 2022

If the bank uses a waiver it is still a good idea for the borrower to obtain an appraisal of their own to make sure that they are not paying more than the home is worth. Appraisal vs Home Inspection. As you can see, there are major differences between home appraisals and home inspections and both are very important. Conclusion.

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Appraisal Inspection Appraisal Process Real Estate Agent 91

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. By mastering how to order a home appraisal quickly, you can ensure a smooth and efficient process in your real estate endeavors.

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Appraisal Appraisal Process Real Estate Renovations 36

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Is the square footage accurate? Are you saving money?

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Value Scenarios. What is Market Value As Is and When is it Used?

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Appraisal Process Appraisal Market Value Tenants 148

AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This includes having the necessary amenities and being in a state of good repair.

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Birmingham Appraisal

OCTOBER 4, 2022

If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. ” In real estate, becoming obsolete translates to a loss in value. A Look at External Obsolescence.

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Appraisal Market Value Real Estate Appraisal Process 58

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. All this information is then utilized in the second stage of the appraisal process.

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Riverfront Appraisals

JANUARY 18, 2021

Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. In this blog post, we’re starting with the end. Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. Hey friends! We’ll briefly look at what a final inspection […].

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Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home.

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Appraisal Today

JANUARY 5, 2024

2024 USPAP For Appraisers Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Chance to really irritate annoying real estate salespeople. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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AmeriMac

APRIL 30, 2023

A home appraisal determines the value of your property, and it is an essential step in the selling process. A well-conducted appraisal can get you the best price for your property, while a poorly done appraisal can leave you stuck with an undervalued home.

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