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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Valuation Review

FEBRUARY 22, 2023

The dollar value for commercial real estate caps show a rise. smallcap #commercialrealestate #BoxwoodMeans #article

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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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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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Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. 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.

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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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Appraiserblogs

JULY 6, 2022

The appraiser develops an independent opinion of value for the property through an appraisal, and the attorney ensures that the appraisal is sufficient to support a just compensation determination in what is essentially a legal proceeding. The stakes can be high when a client’s valuation conclusion rests on a weak or improper appraisal.

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Boston Appraisal

SEPTEMBER 18, 2023

As industry leaders in both residential and commercial real estate valuations, Boston Appraisal Services deeply understands the critical contribution that precise appraisals make in the estate planning matrix. This maximizes the value of the estate and preserves wealth for future generations.

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Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The appraiser also needs to be aware of the zoning regulations, city ordinances, and other restrictions that can affect the value of the property. the value opinion in an appraisal).

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Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Targeting the Most Likely Buyer The niche market for historical properties typically comprises buyers who value historical preservation and authenticity.

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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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Boston Appraisal

OCTOBER 8, 2022

This article will examine the associated risks of hybrid appraisal products and why one might want to avoid them. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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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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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. McKinsey reports that the real estate industry will see a productivity gain of $110 billion to $180 billion, primarily in marketing and sales.

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DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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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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Clear Capital

MARCH 1, 2023

Written by Sarah Wheeler Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate. “We

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McKissock

JULY 11, 2022

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” Performing the cost approach and citing its importance in our reports helps keep appraisers in the valuation game. Have I sold you yet, or do you want to hear more?

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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. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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Appraisal Inspection Appraisal Process Valuation 78

Simonson Real Estate

APRIL 27, 2020

By addressing the key areas that now take on heightened importance in current appraisal reports, Appraisers can stay relevant and viable in this ever-changing market. Together we can come out of this stronger by remaining positive and taking the actionable steps outlined in this article. Changes after the date may affect the value.

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Cleveland Appraisal Blog

SEPTEMBER 3, 2021

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. Click here to visit their website.

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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 Real Estate 60

AmeriMac

MAY 24, 2023

Additionally, we’ll discuss valuation approaches and strategies used by commercial appraisers to determine a property’s worth. By the end of this article, you’ll have a better understanding of this crucial aspect of commercial property ownership. What is a commercial real estate appraisal?

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McKissock

MARCH 30, 2021

” The result was the indicated “Sales Price” for real estate sales folks—or, when used by appraisers, the indicated “Market Value.” If a few more wheels were added, it might be an alternative for some of those automated valuation models (AVMs)? We must adapt or we will surely be left behind.

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McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

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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. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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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. Not sure if you want to subscribe?

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Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. VIEW ORIGINAL ARTICLE The post The cure for appraisal gap anxiety appeared first on ClearCapital.com, Inc.

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DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

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Appraisal Appraisal Process Buyers Legal 78

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. I’ve also paid far less than a property’s market value because a seller was vulnerable or desperate to sell.

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McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Within the appraisal industry, there is an ongoing discussion on identifying intangibles, ownership of intangibles, and the valuation of intangibles.

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Cleveland Appraisal Blog

NOVEMBER 11, 2021

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. There are several reasons.

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CP Home Appraisals

AUGUST 27, 2018

The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house. ” Furthermore, having a home inspection report ready for your appraisal will help them accurately value the property without having to “guess” at the overall condition.

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Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. That said, the appraisal is still considered the most reliable option when it comes to an independent value opinion.

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Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations.

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