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28,000 Reasons to Have Your Home Measured Before You List It

Cleveland Appraisal Blog

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. Last year, I appraised a home for a homeowner.

Appraisal 418
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Reverse mortgage volume, securities issuance fall in February

Housing Wire

Home Equity Conversion Mortgage (HECM) endorsements fell 11.8% Leading lenders Among the top 10 lenders, only Goodlife Home Loans (a dba of Traditional Mortgage Acceptance Corp. ) That was down 3.6% from the $445 million figure in January, according to Ginnie Mae data and private data compiled by New View Advisors.

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Creating the Perfect Home Office in a Small Living Space

Cleveland Appraisal Blog

As you might imagine, increases in home prices mean increases in property assessed values. I am grateful to have guest bloggers provide you with some great content until I can get myself back to blogging, which will be soon! Creating the Perfect Home Office in a Small Living Space. A home office really comes in handy.

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How Surplus & Excess Land Work

Cleveland Appraisal Blog

To illustrate, imagine a person wants to buy a car. What if the car salesman tried to sell a second car to a person who only needed one? The buyer would probably say they were not interested in buying a second car. Clearly, the value of the second car would be diminished. Not necessarily. Cue Captain Obvious.).

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Why You Should Have Your Home Measured Before You List It

Cleveland Appraisal Blog

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. Last year, I appraised a home for a homeowner.

Appraisal 263
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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

MARKET TRENDS As everyone knows, home sales prices over the past few years were increasing rapidly! ACCURATE MEASUREMENTS Another piece of valuable information an appraiser will provide is the accurate square footage of the home they are appraising if they are in a position to measure it. Isn’t that all that appraisers do?

Appraisal 354
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Last year, there were (number) homes sold here, and the average selling price was (dollar figure). Last year, there were (number) homes sold here, and the average selling price was (dollar figure). (If If you have any homes you personally sold in the neighborhood, include those here). However, you can get creative with these.