Cleveland Appraisal Blog

JULY 6, 2022

In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. What do you think?

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Inspection Appraisal Technology Clients 369

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. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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Real Estate Appraisal Property Appraisal Valuation 60

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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Legal Real Estate Appraisal Valuation 148

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Learn more in our free guide, The ROI of Professional Development for Appraisers.

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Contracts Appraisal Market Value Real Estate 64

Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In my MLS “contractor special” is often used.

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Appraisal Bracketing Contracts Valuation 52

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal?

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Real Estate Appraisal Valuation Clients 36

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

SEPTEMBER 16, 2022

We also provide a resource so you can speak with conservation easement advisors and inquire about conservation easement appraisals. A land trust, or conservation land trust, is a legal public or private entity that gains ownership of, or authority over, a piece of land for conservation purposes at the property owner’s request.

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Easement Appraisal Development Property Appraisal 148

Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. One of the most important and complex aspects of divorce procedures is dividing the marital property, especially the family home. Appraisals are performed by qualified and licensed appraisers who follow professional standards and ethical codes.

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Appraisal Property Appraisal Legal Inspection 78

The Robert Weiler Company

MARCH 15, 2021

Committed to 20 percent affordable housing options, the River & Rich project is a story of renewal and community rebirth via unique properties for sale. But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. A Special Purpose Property Definition.

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Appraisal Property Appraisal Real Estate Buyers 158

The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Understanding the Process for Appraising Residential Property.

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Real Estate Appraisal Property Appraisal Valuation 147

Boston Appraisal

SEPTEMBER 22, 2020

The backbone of any real estate appraisal is the highest and best use analysis. All properties have a highest and best use – and this is not always the current use. There are four qualifiers that help to determine the highest and best use of a property. The use of a property must be… Legally Permissible.

Legal 148

Legal Real Estate Retail Development 148

Boston Appraisal

SEPTEMBER 22, 2020

The backbone of any real estate appraisal is the highest and best use analysis. All properties have a highest and best use – and this is not always the current use. There are four qualifiers that help to determine the highest and best use of a property. This is where a real estate appraiser can help.

Legal 78

Legal Real Estate Retail Development 78

PennyMac

JUNE 28, 2022

For example, if you have an FHA loan, there is a standard limit that sellers can only contribute 6% based on the appraised value and the price of the property. State laws will usually dictate who is legally responsible for overseeing the closing. Property Appraisal Fee. What Is Included in Closing Costs?

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Insurance Property Taxes Sellers Inspection 36

AmeriMac

JANUARY 3, 2022

This is why appraisals are so important. Even if they’re not planning on having their current property act as their “forever home,” they still can’t afford to lose money by overpaying on a house that isn’t worth nearly what is being asked. Appraisals act as a way to prevent that from happening.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

This is why appraisals are so important. Even if they’re not planning on having their current property act as their “forever home,” they still can’t afford to lose money by overpaying on a house that isn’t worth nearly what is being asked. Appraisals act as a way to prevent that from happening.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

The Robert Weiler Company

APRIL 20, 2021

Much like a commercial real estate appraisal , there is an underlying economic analysis for business valuation. These approaches to valuing a business are discussed in more detail, below; however, they are each based on specific criteria, from industry performance to market climate. The market value approach.

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Valuation Business Buyers Market Value 147