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Copacabana? No Silly, It’s Cubicasa!

Cleveland Appraisal Blog

Both are places where people go to have a good time enjoying music, food, and beautiful beaches in the case of the South American location. Both are places where people go to have a good time enjoying music, food, and beautiful beaches in the case of the South American location. It looks pretty easy. Not a thing! Remember them?

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How Remaining Economic Life Works

Cleveland Appraisal Blog

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate? So, what is its economic life?

Appraisal 365
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Is Now the Right Time to Sell Your Home in Texas? An In-Depth Analysis

Listing Spark

The Texas real estate market, like the rest of the nation, is evolving. Recent shifts have left many homeowners wondering if now is the opportune time to sell their homes. While market dynamics have indeed changed, key indicators suggest that it’s still an excellent time to sell.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

———————————————- Changes to ROVs: GSEs and HUD Announce New Reconsideration of Value Policies By Dave Bradley, McKissock May 2, 2024 Excerpts: On May 1, 2024, Fannie Mae, Freddie Mac, and HUD announced new policies for appraisal reconsiderations of value (ROV).

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The Ups and Downs of Stairs

Cleveland Appraisal Blog

It could be the size of the steps, the angle of the stairway, or even the height of the ceiling above the stairs. It could be the size of the steps, the angle of the stairway, or even the height of the ceiling above the stairs. Here’s a little video with some things to think about when it comes to stairs.

Appraisal 221
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Together Again – The MBA Annual Conference Recap

Appraisal Buzz

It was weird seeing large crowds where very few were wearing a mask, but after the initial shock, it was so great seeing actual familiar faces together again. It was so amazing to be reunited with in a room with thousands of people. The average time saved on these offerings was six days.

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NAR Appraiser Survey July, 2023

Appraisal Today

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. Much of the appraiser results were what we already sort of suspected, but it is good to see actual survey results. I read the full survey.