Cleveland Appraisal Blog

JULY 6, 2022

In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. It took me hours to measure the improvements on the property. I’ll be ready for the next complex property!

Inspection 369

Inspection Appraisal Technology Clients 369

Empire Appraisal Group

NOVEMBER 9, 2023

He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. In addition to working with lending clients, Daniel provides valuations for attorneys, realtors, investors and homeowners in the local market.

Marketing 78

Marketing Real Estate Clients Realtors 78

Boston Appraisal

SEPTEMBER 18, 2023

But often, the role of the real estate appraiser is overlooked. 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.

Real Estate 78

Real Estate Appraisal Legal Valuation 78

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

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Appraisal Market Value Legal Property Appraisal 354

Aedis Appraisals

JUNE 13, 2017

So, if you happen to be interested in getting a real estate appraisal in Toronto , for instance, feel free to use this article as an introductory guide to understanding the ins and outs of the modern appraisal process. What Is an Appraisal and When Do I Need One? Home Appraisal and Home Inspection Differences.

Property Appraisal 36

Property Appraisal Appraisal Inspection Real Estate 36

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. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department.

Appraisal 85

Appraisal Reconsideration of Value Valuation Real Estate 85

McKissock

DECEMBER 10, 2021

The article notes that big cities, like New York and Los Angeles, may lag smaller ones, like Boise and Salt Lake City, in 2022. This HousingWire opinion piece looks at steps needed to modernize the appraisal process and bring it in line with digital advances in the mortgage process. The 10 top housing markets of 2022.

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Housing Market Appraisal Marketing Appraisal Process 79

McKissock

NOVEMBER 5, 2021

The article cites the pandemic, as well as shortages of lumber, construction materials, and skilled labor as reasons for why residential property values continue to increase. Appraisal webinars: Get up to speed on hot topics in the appraisal industry with our Pro-Series webinars. year-over-year on average.”

Appraisal 73

Appraisal Government Property Appraisal Valuation 73

McKissock

DECEMBER 4, 2020

Appraisals attempting to mimic a 3–6 month market trend are often inadequate.” ” “The Central Texas market is experiencing a shortage in housing supply and I’ve seen a smaller portion of my valuations reaching the sales price. This is common and I’ve received more review appraisal requests.”

Appraisal 66

Appraisal Property Appraisal Valuation Luxury Properties 66

McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department.

Appraisal 52

Appraisal Reconsideration of Value Valuation Real Estate 52

McKissock

JANUARY 4, 2022

However, these are the general guidelines you’ll need to follow to meet the Appraisal Qualifications Board (AQB) criteria. Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details.

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Appraisal Real Estate Agent Development Valuation 93

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

Appraisal 69

Appraisal Inspection Modernization Business 69

Cleveland Appraisal Blog

NOVEMBER 11, 2021

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. I regularly work for investors who hire me to appraise a home they are interested in buying.

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Market Value Valuation Appraisal Real Estate 364

Appraisal Today

JUNE 23, 2023

Unfortunately, some times they are just updates of books initially published many years ago that rehash 50-plus-year-old appraisal theories and techniques. To read more about this book, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. To read more, click here My comments: Well-written and understandable.

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Appraisal Real Estate Valuation Contracts 86

AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. This is why home appraisals are advised to ensure property costing is as fair as possible. This is why home appraisals are advised to ensure property costing is as fair as possible.

Real Estate 36

Real Estate Appraisal Valuation Clients 36

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their assessments can delineate how such disputes affect property valuation, informing legal arguments and potential resolutions.

Legal 148

Legal Real Estate Appraisal Valuation 148

McKissock

AUGUST 21, 2020

It’s also a good idea to review the appraisal reporting requirements. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. FREE GUIDE : Simplify the valuation process with this free Valuation Process Road Map. Reporting requirements.

Appraisal 92

Appraisal Appraisal Process Clients Development 92

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.”

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Appraisal Valuation Real Estate Design 54

Boston Appraisal

OCTOBER 27, 2023

In order to ensure a fair and equitable distribution of assets, it is essential to obtain a professional, and accurate property appraisal in a divorce case. 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.

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Appraisal Property Appraisal Legal Inspection 78

Cleveland Appraisal Blog

MAY 9, 2024

According to the article below, “Nearly 70% of adults reported reduced stress and anxiety after playing pickleball, and 64% called the sport “uplifting,” according to a report by Carewell. You can also listen right here at Cleveland Appraisal Blog! If you’re a real property appraiser in Ohio, check us out!

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Inventory Appraisal Real Property Property Appraisal 344

Appraiserblogs

AUGUST 14, 2023

had characterized as race-based differences in home valuations were almost entirely due to socio-economic status, not racial bias by real estate appraisers. Perry’s 2018 research, titled “The Devaluation of Assets in Black Neighborhoods,” pinned the nation’s racial wealth gap on 80,000 state-licensed real property appraisers.

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Valuation Property Appraisal Home Value Appraisal 110

Appraisal Today

APRIL 14, 2023

Like Goldilocks, appraisers are finding lumpy and watery porridge in search of porridge (Comparable sales) that are “just right” Market conditions, then, require the appraiser to place more emphasis on the adjustment process as more comparable sales differ in material ways from the property being appraised.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. o Federal Housing Authority (FHA).

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

The Robert Weiler Company

MARCH 15, 2021

A special use property for sale may come with its own personality, recognizable throughout the community; however, size restrictions may cost you the needed foot traffic in the end. Budget : There are several considerations when it comes to forming your budget for specialty properties for sale. Such an approach isn’t controversy-free.

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Appraisal Property Appraisal Real Estate Buyers 158

McKissock

NOVEMBER 3, 2020

In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria. Traut is an appraisal curriculum and content specialist at McKissock Learning. The post Q&A: Is It Time to Take On an Appraisal Trainee? It has been updated in collaboration with Jo Traut.

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Appraisal Training Business Property Appraisal 75

McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

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

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. which can relate to valuation. I speak with a lot of Realtors and many are not oriented the same as appraisers. He remembered me from Valuation 2000. I have been writing these annual articles for many years.

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Appraisal Agents Real Estate Real Estate Agent 80

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

DataMaster

JUNE 2, 2023

Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly. When reviewing comparable sales, it is the appraiser’s job to explain why — or why not — each of them is comparable and how it impacted their analysis. The entire process requires clear communication.

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Reconsideration of Value Valuation Clients Legal 145

Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

McKissock

DECEMBER 28, 2021

Another content and curriculum manager at McKissock, Dan Bradley, warns that three major unknowns face the appraisal profession for 2022: the PAVE (Property Appraisal and Valuation Equity) task force ; inflation and interest rates; and property values/market conditions. Article written by Joseph Dobrian.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

DataMaster

JUNE 2, 2023

Be Thorough and Clear in Your Response If there’s anything you take away from this article, let it be this: Communicate clearly. When reviewing comparable sales, it is the appraiser’s job to explain why — or why not — each of them is comparable and how it impacted their analysis. The entire process requires clear communication.

Reconsideration of Value 78

Reconsideration of Value Valuation Clients Legal 78

McKissock

DECEMBER 3, 2021

The Interagency Task Force on Property Appraisal and Valuation Equity (commonly known by the acronym PAVE) was created in June 2021 by President Biden, and consists of representatives of numerous federal government agencies, including the Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Federal Deposit Insurance (..)

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Appraisal Process Law Property Appraisal Government 80

Housing Wire

MAY 27, 2022

There is no single silver bullet that will rectify the pernicious impact of bias in residential real estate valuations — it is a complex problem that requires a multifaceted solution. First, we must acknowledge the impact that appraisal bias continues to have on minority homeowners and the broader housing system.

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Appraisal Valuation Technology Modernization 397

Clear Capital

JANUARY 5, 2023

This article originally appeared in Scotsman Guide. As a first-time buyer, unless you are among the 6% who purchase their homes entirely with cash , you are likely financing the transaction and your mortgage lender will require an appraisal. She is not alone in addressing bias in appraisals and housing. VIEW ORIGINAL ARTICLE.

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Appraisal Modernization Valuation Appraisal Process 69