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What Is a Reconciled Value?

Cleveland Appraisal Blog

You might be thinking, since there are only three approaches to value, there would only be three values, if all three approaches were developed, right? You may have noticed that there are three approaches to value. The Sales Comparison Approach, the Cost Approach, and the Income Approach. The third approach to value is the Income Approach.

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4 Common Misconceptions Hindering Your First Commercial Real Estate Investment

The Robert Weiler Company

Countless blogs, books, and podcasts are ripe with valuable information. And, don’t miss the opportunity to check out our CRE blog, chock full of tips and insight. How hard can it be, right? The risk can fluctuate significantly depending on the type of commercial investment property you choose. Not sure where to start?

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It is Good Business to Drop an Onion Ring in Your Fries!

Cleveland Appraisal Blog

Is it that one onion ring just decides to hitch a ride in the scooper? Or is something else afoot? Word on the street has it that Burger King does this on purposes. 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.

Business 273
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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

When baking, there are different ingredients that are used that will make the dough rise. Typically, yeast is the ingredient used to make bread rise. How does yeast work? Here’s a little video to explain how. Interestingly, yeast is not the only ingredient that can cause the dough to rise. For instance, sourdough. Pretty cool! Pretty cool!

Inventory 243
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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. In fact, appraisers’ discipline protects homebuyers and the industry from irrational biases. It is human nature.

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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

A version of this post originally appeared on MortgageOrb. The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

With consideration for the high demand for appraisal services and limited availability of appraisers in certain local market areas, VA is providing lenders, servicers, and appraisers with a procedural waterfall that clarifies acceptable valuation methods when certain conditions exist. To read the full blog post, click here.