Cleveland Appraisal Blog

OCTOBER 12, 2022

I know, I know… In previous articles, I have exposed the lack of accuracy with their Zestimates. In most cases, my clients looked at sales on Zillow and were of the opinion that my opinion of their property’s market value was too high. Therefore, my opinion of the market value of their homes was not too high.

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Market Value Appraisal Clients Marketing 334

Appraiserblogs

FEBRUARY 16, 2024

Clearly off the page in relationship to existing market value indicators. The article does not stress ‘bad.’… I’ve seen numerous. Related Posts: A Low Appraisal is Now a Bad Appraisal A low appraisal is now a bad appraisal. Well, that's according to the headline.

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Agents Market Value Appraisal Contracts 110

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. That can have a big impact on market value. Not professional appraisers. Click here to visit their website.

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Appraisal Market Value Legal Property Appraisal 354

Housing Wire

JUNE 1, 2021

a company with a market value of nearly $700 billion. Member Benefits: Unlimited access to HW+ articles and analysis. BHHS is a separate entity from the HomeServices of America brokerage , though that brokerage’s CEO, Gino Blefari, also serves as board of chairman for BHHS. What did Chris do that you might do differently?

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Brokerage Real Estate Agent Real Estate Realty 353

Cleveland Appraisal Blog

DECEMBER 2, 2021

If this is the norm for the neighborhood, the size of the driveway may not have any impact on value. I find that often, driveway size does not have any major impact on market value, as long as the driveway is typical for the neighborhood. DOES THE MATERIAL THE DRIVEWAY IS MADE OF MAKE A DIFFERENCE IN VALUE?

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Appraisal Buyers Market Value Real Estate Agent 243

Cleveland Appraisal Blog

MARCH 25, 2023

Hopefully, this article has provided you with valuable information and insights on the best practices for choosing a commercial dumpster rental company. Since we’re on the kitchen remodeling theme in this article, here’s a video that highlights some kitchen trends for 2023. May all of your remodels be awesome!

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Supply Chain Renovations Appraisal Market Value 280

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. Home price correction likely nationwide and in majority of markets. Sellers on the Auction.com platform are already showing some early signs of pro-active price adjustments, a trend that will likely be reflected in the retail market in 2023. .

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Retail Sellers Buyers Market Value 487

Cleveland Appraisal Blog

DECEMBER 10, 2022

I’m so sorry for the weeks I missed posting articles last month. This week, Betty White shares some things that can decrease property value. As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt.

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Appraisal Buyers Renovations Investing 298

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. Too many appraisers?

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Appraisal Law Development Valuation 309

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. For instance, remodeling a kitchen or bathroom typically improves a home’s market value, which in turn, reduces a home’s loss in value.

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Market Value Appraisal Marketing Buyers 244

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. Click here to visit their website.

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Appraisal Real Estate Agent Real Estate Agents 302

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. Hopefully, you found this article to be interesting. Depreciation!

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Appraisal Development Market Value Tenants 279

Appraisal Buzz

SEPTEMBER 26, 2022

This article was originally published in the latest edition of the Fall 2022 Appraisal Buzz Magazine! Once upon a time, there was a rich nation which valued many things. They all liked value. We have rules, we have standards, and we all know the exact definition of value. Let’s pretend market value is market value.

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Market Value Sellers Buyers Finance 321

Appraiserblogs

JANUARY 6, 2023

Then in 2008 again: stated income, 40 year loans, predatory lending (REFINANCING), NO money down (no skin in the game); people used their homes as a slot machine that paid out every time; that is as long as the market values continued to rise. The article does not stress ‘bad.’…. Predatory lenders had.

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Appraisal Lending Market Value Real Estate 127

Housing Wire

MAY 18, 2022

Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded. Take a look at some of the most recent press – The New York Times published an in-depth article in April 2022: “Reverse Mortgages Are No Longer Just for Homeowners Short on Cash.”.

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Mortgage Clients Insurance Tools 395

Cleveland Appraisal Blog

FEBRUARY 11, 2022

The appraiser agrees to come in “low” They achieve this by using sales that do not reflect the market value of the property. Does the market value of a home change differ depending on whether the owners are going through a divorce or refinancing their home? The market value is what it is.

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Appraisal Market Value Clients Design 221

Appraiserblogs

OCTOBER 27, 2023

The real scourge of what’s been happening to appraisers for the past 5 years (yes, it started prior to the last election) has been revealed by Mr. Isaac Peck, in this article. Isaac has allowed me to “re-broadcast” his article. You really need to read it, perhaps again, if you saw it come through your email on Wednesday October 25.

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Appraisal Real Estate Agents Contracts 130

George Dell

AUGUST 25, 2021

“Appraisal is market analysis!” is the title of a 1975 journal article by Richard Ratcliff, MAI. Freddie Mac Chief Appraiser Scott Reuter recently noted pervasive market analysis deficiencies in appraisal opinions. Specifically, discrepancies from actual contract prices.

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Marketing Contracts Appraisal Market Value 195

Cleveland Appraisal Blog

AUGUST 11, 2022

I hope you find her article to be helpful! Although you probably won’t be able to sell your home at its actual market value, you will also save a lot of time and money. I hope her article gave you some things to think about if you find yourself in this situation. It is easier to move out of your home.

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Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

JULY 22, 2021

So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. I hope that you find his article beneficial. A roof improvement can also raise the home’s appraisal value if you ever decide to sell in the future. 4 Home Repairs You Need to Hand Over to a Professional.

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Renovations Appraisal Home Improvement Client Relationships 243

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. Thank you for reading articles from the Cleveland Appraisal Blog! Here are some links to other articles I think you might also enjoy… .

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Appraisal Inspection Buyers Advertising 384

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. That’s all I have for this week!

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Development Appraisal Market Value Valuation 337

Cleveland Appraisal Blog

DECEMBER 19, 2021

I always enjoy his articles. If you also keep your receipts and take before and after photos, you’ll have an easier time demonstrating the value of the work, making it easier to get top dollar when you sell. I hope his article gave you some ideas about ways to revive and refresh your home. But Are They Market Value?

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Appraisal Home Improvement Design Modernization 195

Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. It depends on who the primary market for that home is!

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Appraisal Buyers Transportation Real Estate 284

Appraisal Buzz

MAY 31, 2022

This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. When the appraisal review provides an estimate of value, including a concurrence of value, most states will require an appraisal credential.

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Real Estate Lending Valuation Appraisal 221

Cleveland Appraisal Blog

JULY 6, 2022

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. Here are some links to other articles I’ve enjoyed recently! Recession-Proof Your Business Part 2 – The Real Value Podcast with Blain Feyen. What do you think?

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Inspection Appraisal Technology Clients 369

Cleveland Appraisal Blog

OCTOBER 14, 2021

Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. To “think outside of the box” when valuing a property. I kid you not!

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Inventory Market Value Appraisal Contracts 243

Appraiserblogs

FEBRUARY 28, 2023

NPR topped the online edition of its article with the headline, “Black and Latino Homeowners are About Twice as Likely as Whites To Get Low Appraisals.” He submitted a pseudoscientific article to a cultural studies journal called Social Text. The problem? Freddie never called the appraisals “low.”

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Home Value Appraisal Design Government 112

Cleveland Appraisal Blog

JUNE 10, 2021

I have read this from various sources including the article “One Onion Ring Ends Up In Every Burger King Order of Fries” , from the SouthFloridaReporter.com. Another article at brobible, entitled “10 things you probably didn’t know about onion rings” , mentions the same thing. So, they may call me.

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Business Advertising Appraisal Real Estate 273

Cleveland Appraisal Blog

JANUARY 21, 2021

Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. I have shared it at the end of this article. It is impossible to know the impact on market value until we know if repairs are needed. Let’s talk about the basis.

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Appraisal Inspection Real Estate Market Value 233

Housing Wire

APRIL 8, 2021

When a foreclosing lender sets this as its credit bid, it typically indicates that the lender’s estimated market value of the property exceeds the total debt owed. Mortgage servicers typically employ the specified credit bid approach when the estimated market value of the property is less than the total debt owed.

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Retail Market Value Marketing Buyers 427

CP Home Appraisals

OCTOBER 10, 2008

This requirement is true IF the cost of repairs to their home is equal to or greater than 50% of the STRUCTURES market value prior to the storm. The basis of the structure’s market value will be taken from HCAD records but unfortunately these values are terribly inconsistent and generally inaccurate.

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Market Value Marketing Property Taxes Appraisal 78

Boston Appraisal

FEBRUARY 11, 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.

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Appraisal Renovations Architecture Appraisal Process 147

Clear Capital

MARCH 1, 2023

ClearAVM + PCI is a nationwide evaluation solution that delivers a clear risk summary report highlighting the factors and characteristics of a property that could influence its marketability, leading to a direct reflection of the property’s current physical condition in determining market value.

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Mortgage Inspection Market Value Technology 69

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 418

Appraisal Buzz

SEPTEMBER 20, 2021

This is the second article in a series which discusses some difficult theoretical questions with which appraisers have been confronted in a very practical way. This article will pick up where the last one left off, so you will definitely want to read Part 1 of this series before continuing.

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Sellers Appraisal Inventory Buyers 195

McKissock

OCTOBER 12, 2021

Read the full article here. Read the full article here. Read the full article here. How the Commercial Real Estate Market Is Adapting to Post-Pandemic Needs. “In Read the full article here. In this article, she outlines four proven and creative strategies for expired real estate listings. Industry News.

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Real Estate Real Estate Agent Agents Clients 52