Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. This is an important question to answer when appraising a property. Thanks for being here!

Appraisal 279

Appraisal Development Market Value Tenants 279

Housing Wire

FEBRUARY 27, 2024

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal. He previously served as the company’s chief data officer.

Tenants 319

Tenants Valuation Clients Training 319

Housing Wire

OCTOBER 5, 2022

Fannie Mae and Freddie Mac are working to provide more loss mitigation options to borrowers, studying ways to address appraisal bias and encouraging lending for manufactured homes, she said. Appraisal bias. The post Sandra Thompson talks volatility, affordability challenges, appraisal bias and more appeared first on HousingWire.

Appraisal 342

Appraisal Tenants Mortgage Appraisal Process 342

Cleveland Appraisal Blog

JUNE 18, 2022

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

Appraisal 309

Appraisal Law Development Valuation 309

Appraisal Buzz

AUGUST 13, 2021

But some real estate professionals say the ban is causing financial harm to small-scale landlords and causing “uncertainty for tenants and housing providers.” The post District Court Upholds CDC Eviction Moratorium appeared first on Appraisal Buzz.

Landlords 370

Landlords Tenants Real Estate Appraisal 370

DataMaster

JUNE 15, 2023

Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Qualifying for a conventional mortgage on one of these properties is a challenge and without a tenant in place or proof of income, most lenders won’t even consider financing the investment property.

Appraisal 148

Appraisal Tenants Investors Business 148

Appraisal Buzz

AUGUST 26, 2021

Supreme Court has put a stop to the extension of the eviction moratorium by the CDC, with tenants losing vital protections. The post Biden’s Eviction Moratorium Blocked After Supreme Court Ruling appeared first on Appraisal Buzz. The post Biden’s Eviction Moratorium Blocked After Supreme Court Ruling appeared first on theMReport.com.

Tenants 370

Tenants Appraisal 370

Boston Appraisal

APRIL 18, 2024

However, appraising such complex properties presents unique challenges and opportunities for real estate professionals. This article explores the intricate landscape of mixed-use development appraisal, providing insights into the difficulties faced and the potential benefits realized through this multidimensional process.

Development 78

Development Appraisal Valuation Retail 78

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 230

Modernization Appraisal HOA Valuation 230

Appraisal Today

MAY 24, 2024

8 Common Violations Made by Appraisers By Dan Bradley When it comes to appraisal non-compliance with USPAP, certain violations are, unfortunately, somewhat common… I have compiled this list based on many years of personal experience as a reviewer and a state regulator, as well as feedback I have received from other states’ enforcement agencies.

Appraisal 81

Appraisal Contracts Mortgage Reconsideration of Value 81

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. In Toronto, a city with a vibrant and diverse real estate market, the distinction between residential and commercial appraisals is particularly significant. At Appraisal Hub Inc.,

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

McKissock

JANUARY 3, 2023

Vehmeier, Appraisal Educator Emeritus, shares his insights into appraising small income properties. The purpose is to address common misconceptions about appraising these unique investment properties, as well as to emphasize the important factors an appraiser must consider. As part of our contributor series, Steven W.

Appraisal 89

Appraisal Tenants Investors Investing 89

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. What is an Appraisal ? Defining the Appraisal Scope of Work. What Property Should be Appraised?

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Housing Wire

MAY 20, 2022

A professional appraiser or real estate agent can help you figure out how much to list your home for. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Sell to Your Tenants.

Real Estate Agent 378

Real Estate Agent Tenants Real Estate Agents 378

Appraiserblogs

NOVEMBER 3, 2023

Consumers are being mislead into believing that heavily funded real estate iBuying platforms… Major Threat to Real Estate Agents Appraisers, in case you are not aware, NINE law firms have begun the process to sue real estate agents and… Tenant in Distress. These situations apparently caused a severe depression to engulf the tenant.

Agents 111

Agents Real Estate Agent Tenants Real Estate 111

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Defining the Appraisal Scope of Work.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

AUGUST 18, 2021

In light of long eviction/foreclosure bans, researchers expected the decline, but say many landlords still need financial relief to cover tenants’ missed payments. The post Rental Property Default Risk Dips appeared first on Appraisal Buzz. The post Rental Property Default Risk Dips appeared first on DSNews.

Landlords 195

Landlords Tenants Appraisal 195

DataMaster

JUNE 15, 2023

Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Qualifying for a conventional mortgage on one of these properties is a challenge and without a tenant in place or proof of income, most lenders won’t even consider financing the investment property.

Appraisal 78

Appraisal Tenants Investors Business 78

Housing Wire

JANUARY 9, 2024

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments.

Finance 443

Finance Construction Tenants Renovations 443

Appraisal Hub

MAY 28, 2024

Engaging a professional appraisal company, such as Appraisal Hub Inc., Appraisers from firms like Appraisal Hub Inc. Professional appraisal services can provide valuable insights into the best opportunities suited for your investment level. Appraisal Hub Inc. With Appraisal Hub Inc.’s

Real Estate 78

Real Estate Investing Investors Tenants 78

Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Moderate credit tenants – 6.5% Class B – 5.5%

Appraisal 143

Appraisal Retail Tenants Real Estate 143

Appraisal Buzz

JANUARY 26, 2022

The streak continues: as affordability concerns begin to price some buyers out of the purchase market, the latest data from the rental market shows that tenants are experiencing double-digit rent hikes as well. The post Rents Increase by Double Digits for Sixth Month appeared first on Appraisal Buzz.

Tenants 195

Tenants Buyers Appraisal Marketing 195

Appraisal Buzz

JANUARY 26, 2022

The streak continues: as affordability concerns begin to price some buyers out of the purchase market, the latest data from the rental market shows that tenants are experiencing double-digit rent hikes as well. The post Rent Up by 10.1%, Some See Increases of over 30% appeared first on Appraisal Buzz.

Tenants 195

Tenants Buyers Appraisal Marketing 195

Appraisal Buzz

SEPTEMBER 24, 2021

The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic.

Tenants 195

Tenants Finance Appraisal 195

Appraisal Buzz

JULY 28, 2021

And while the federal government has distributed some $46 billion in rental assistance to tenants and landlords across all 50 states plus D.C., The post CFPB: ‘Rental Assistance Finder’ Serves Landlords appeared first on Appraisal Buzz.

Landlords 195

Landlords Tenants Government Appraisal 195

Appraisal Buzz

MAY 13, 2022

An additional $20 million has been made available by HUD to 11 non-profits and governmental entities who provide legal assistance to low-income tenants at-risk of or subject to eviction. The post HUD Expands Its Eviction Grant Program appeared first on Appraisal Buzz.

Tenants 150

Tenants Legal Appraisal 150

Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? For example, you understand that you do not need a form to produce an appraisal. Are your legs shaking?

Appraisal 80

Appraisal Law Contracts Business 80

McKissock

MAY 14, 2023

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

McKissock

FEBRUARY 16, 2021

Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? What information do you need when appraising industrial and flex buildings ? There are any number of reasons why you would be engaged to appraise an industrial or flex style property. Reasons for engagement.

Appraisal 96

Appraisal Tenants Construction Renovations 96

Appraisal Buzz

AUGUST 25, 2021

With the wellbeing of both property owners and tenants dependent upon the funds, the Treasury reports, “grantees need to do more to urgently accelerate efforts.” The post Rental-Aid Distribution Remains Slow appeared first on Appraisal Buzz.

Tenants 150

Tenants Appraisal 150

Housing Wire

APRIL 17, 2024

That increased their exposure to downtown office towers, which have seen an exodus of tenants and a bottoming out of appraised values just as a record $2.2 trillion in commercial real estate debt comes due over the next few years.

Mortgage 454

Mortgage Brokerage Real Estate Tenants 454

Appraisal Buzz

JULY 1, 2021

A white paper published by Freddie Mac explains some actions property owners can take as COVID-19-related tenant protections expire. The post GSE Encourages Property Owners to ‘Proactively Understand’ Rental Assistance appeared first on Appraisal Buzz.

Tenants 195

Tenants Appraisal 195

McKissock

AUGUST 23, 2022

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we add new content to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.

Appraisal 76

Appraisal Renovations Property Appraisal Landlords 76

McKissock

JANUARY 14, 2022

For example: I had an assignment to appraise a 3,500 sq. The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. The AMC stated that the lender indicated the appraisal received a high risk score by Fannie Mae. The post is long.

Appraisal 71

Appraisal Design Contracts Inspection 71

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. A big thank you to Jessica for writing this article for the Cleveland Appraisal Blog and a big thank you to you for being here to read it!

Investing 332

Investing Renovations Landlords Real Estate 332

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Cleveland Appraisal Blog shares some tips. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. And thank you for reading another article from the Cleveland Appraisal Blog! You can listen right here at the Cleveland Appraisal Blog.

Real Estate 303

Real Estate Development Appraisal Contracts 303