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Why You Should Hire Professionals to Measure Your Home

Cleveland Appraisal Blog

It’s common practice for floor plans that aren’t used in appraisals to be drawn to scale using only internal dimensions, but by using outside measurements, we can account for more space. Your annual property taxes may go down if the value of your home is significantly lower than what it was initially estimated to be.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Appraisers: How to Manage Your Emails

Appraisal Today

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. Communicating quickly with the lender is an issue with the appraisal process. I don’t see much written about appraisers and emails. I have always had a landline for business calls and a cell phone for personal calls.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. Only appraisers do the appraisals. Read the full report.

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

Cleveland Appraisal Blog

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS. Probably not.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

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Demystifying Closing Costs: What Home Buyers and Sellers Should Expect

Eppraisal

Closing costs are fees and expenses associated with finalizing a real estate transaction. These costs typically include a variety of fees, such as loan origination fees, appraisal fees, title insurance, escrow fees, and taxes. What are Closing Costs?

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