Cleveland Appraisal Blog

OCTOBER 27, 2022

Appraisers think about previous sales and the state of the market in your neighborhood. The appraiser will provide your home’s estimated market value in writing afterward. Designing a beautiful landscape for your house is more crucial than you would think. Are You Pricing Your Home Too High For Today’s Market?

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Appraisal Inspection Buyers Advertising 384

McKissock

SEPTEMBER 21, 2021

In a recent Forbes article, The Impact Of A Hybrid Work Environment On Real Estate , Co-Founder & CEO of Replay Listings Rodolfo Delgado predicts a “downsizing” trend within the commercial real estate space, potentially opening up opportunities for commercial real estate agents to help newly-hybrid companies navigate the relocation process.

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Boston Appraisal

SEPTEMBER 18, 2023

This article aims to delve into how real estate appraisals can assure a balanced and equitable distribution of assets among beneficiaries and heirs, thereby warding off disputes and mitigating conflicts before they arise. Appraisal Techniques: The Science Behind Valuation The appraisal process is far from a one-size-fits-all operation.

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CA Realty Training

JULY 12, 2021

In exchange for this, the homeowner gets compensated with the property’s fair market value. Once they have identified a specific property, an agent will evaluate it to determine its fair market value. After the fair market value is determined, the offer gets presented to the owner. But what does it mean?

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McKissock

OCTOBER 1, 2022

Both you and the underwriter must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising.

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Appraisal Today

APRIL 26, 2024

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. Therefore, the final price may not reflect the market value of the property. Anderson as his family’s vacation home.

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Housing Wire

AUGUST 3, 2023

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home.

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McKissock

MARCH 22, 2022

You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Dig deep for comparables.

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Cleveland Appraisal Blog

MARCH 15, 2023

This week, I welcome a new guest blogger, Evelyn Grier, who specializes in writing articles on healthcare, senior care, and digital marketing. In the following article, she shares some things to keep in mind regarding senior living. I hope you enjoy her article and find some things that will benefit you and your loved ones!

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Property Metrics

DECEMBER 18, 2020

In this article we’ll take a closer look at the development spread and walk through an example of how it is used in practice. The going-out cap rate is the projected stabilized net operating income for the property, divided by the market value upon completion. What is the Development Spread? Conclusion.

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Development Real Estate Market Value Construction 69

Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Over the course of 10 years, perfecting the design and layout for his newly purchased compound became a passion…. Many decades in fact!

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Appraisal Today

OCTOBER 20, 2023

Designed by the internationally renowned Japanese firm Atelier Bow-Wow, the property unfolds over 60 private, forested acres with the centerpiece – the meticulously designed and thoughtfully crafted residential structure settled into this lush land, bordered by the U.S. The Unique Mountain House in Nevada City, CA listed for $3.3

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Appraisal Today

JANUARY 19, 2024

Stehling designed an open layout with lots of natural light, thanks to walls of windows on all three stories of the atrium, attached to the rest of the home via a platform deck and glass-enclosed walkway. For the sake of simplicity, this article touches on merely three such biases: anchoring bias, selection bias, and confirmation bias.

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Appraisal Contracts Real Estate Architecture 73

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

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Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

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Appraisal Today

MAY 17, 2024

71 Cobb Lane Sitting closest to the water, the 17,173-square-foot residence at 71 Cobb Lane was designed by Barnes Coy Architects. Click here = Appraisals for estates and trusts The most popular non-lender appraisals Topics include: Estate/trust liability advice Use the IRS definition of Fair Market Value What forms to use?

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McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The uniquely designed roof needs immediate replacement. ” Case in point. Who might buy it?

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Appraisal Market Value Investors Buyers 84

Boston Appraisal

OCTOBER 8, 2022

This article will examine the associated risks of hybrid appraisal products and why one might want to avoid them. Hybrid appraisals are designed to make the appraisal process considerably more cost and time efficient. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

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Appraisal Today

MAY 31, 2024

Read this article with lots of good advice! This is by far the best article I have read on going paperless. David Adler designed the 15,000-square-foot home in 1934, collaborating with his sister, Frances Adler Elkins. Two appraisers may be working to develop an opinion of the market value of the same property.

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Empire Appraisal Group

FEBRUARY 9, 2023

In response, some local governments are seeking workarounds to help homeowners avoid wholesale reconstruction, but because the regulations are designed to prevent future flooding damage, federal officials seem unlikely to relax the rules. In Florida, a homesteaded property’s assessed value can only increase by a maximum of 3% a year.

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Insurance Law Supply Chain Government 78

McKissock

SEPTEMBER 10, 2020

“Value in use” is the value of a property assuming a specific use, which may or may not be the property’s highest and best use on the effective date of the appraisal. Special design and configuration of the property aren’t the same as “value-in-use,” an accounting term signifying credit value from cash flows.

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The Robert Weiler Company

OCTOBER 21, 2022

The short answer: A commercial real estate appraisal is a calculated assessment of value for any type of commercial property. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Question 3: What is a commercial appraisal used for?

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McKissock

DECEMBER 21, 2021

Choose a professional designer to prepare the brochure to maximize the features of the home – the difference is astounding. Real Marketing provides just such a service. A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above.

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Boston Appraisal

OCTOBER 8, 2022

This article will examine the associated risks of hybrid appraisal products and why one might want to avoid them. Hybrid appraisals are designed to make the appraisal process considerably more cost and time efficient. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

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Appraisal Inspection Appraisal Process Valuation 78

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. In this article, I’ll share the steps, what to include, what not to includes, and how to assemble a CMA report that’ll impress your clients. Options for every budget.

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Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value. What are some of the fraud risks with borrower-supplied photos?

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Appraisal Inspection Real Estate Agent Market Value 78

Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value. What are some of the fraud risks with borrower-supplied photos?

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Appraisal Inspection Real Estate Agent Market Value 84

Boston Appraisal

OCTOBER 8, 2022

This article will examine the associated risks of hybrid appraisal products and why one might want to avoid them. The Risk of Hybrid Appraisals Hybrid appraisals are designed to make the appraisal process considerably more cost and time efficient. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 78

Appraisal Today

JANUARY 27, 2023

= More layoffs at Reno-based Clear Capital AMC amid ‘seismic shift’ in housing market Excerpts: Latest news comes after last year’s restructuring when Clear Capital laid off more than a quarter of its global workforce. The article source above is the local newspaper Reno Gazette-Journal. Keep a very close watch on your unpaid billings!

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Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. The multistory home bucks convention, boasting an eccentric, inverted design. If this article helped you understand more about disability insurance, it is worth the subscription price! While agents can “puff” we cannot! Excerpts: Year Built: 2001.

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Appraisal Contracts Architecture Housing Market 52

Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. Because a white paper with only two reference citations, one of which was a magazine article on a small niche of super-tall buildings, was the basis. To get specific here’s what happened after this article was written.

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Real Estate Law Development Investors 370

McKissock

AUGUST 19, 2020

“It’s so important for sellers to understand that there are only three things in real estate you can control, and those things are marketing, property condition and price,” said Travis Gray, Associate Broker of Coldwell Banker Residential Brokerage in Annapolis, Maryland.

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Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? You may need to call agents to see the amount of concessions offered and make an adjustment based on its effect on market value.

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The Robert Weiler Company

MAY 18, 2022

Though, keep in mind that commercial real estate doesn’t always sell at market value. Using crafty ways to separate space, such as an open bookcase in a studio apartment, keeps things open and airy but also helps designate between the sleeping and living areas. A CRE consultant can help guide you through the process. .

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Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. She designed more than 700 buildings in California during a long and prolific career.

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Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. In this article, I don’t focus on losing weight, which is one of the hardest goals to achieve. Chance to really irritate annoying real estate salespeople.

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Property Metrics

MAY 28, 2021

Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

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