Article Legal Market Value Training 
Cleveland Appraisal Blog
APRIL 11, 2023
With a few quick online searches, in most areas, you can find the parcel number, legal description, and even some potentially comparable sales. Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.
Cleveland Appraisal Blog
MAY 26, 2023
The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. Both require a skill.
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Cleveland Appraisal Blog
MAY 27, 2021
While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. If a homeowner hires the appraiser to appraise a home, the appraiser’s legal duty is to the homeowner, since they are the ones who hired the appraiser. . MULTIPLE BIDS.
Cleveland Appraisal Blog
JUNE 18, 2022
I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.
DataMaster
APRIL 6, 2021
Many people don’t understand home appraisals and how appraisers are legally bound to operate. Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. Appraisers are highly educated and well-trained. What Is An Appraisal?
Boston Appraisal
OCTOBER 8, 2022
This article will examine the associated risks of hybrid appraisal products and why one might want to avoid them. They are not required to complete any appraisal education, nor are they trained in the same manner an appraiser is. Questions of legality or square footage verification are still left to the appraiser.
Boston Appraisal
OCTOBER 27, 2023
Divorces are difficult and stressful processes that involve many legal and financial issues. Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. How is The Value of a House Determined in A Divorce Settlement?
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