Blog Contracts Market Value Real Property 
Cleveland Appraisal Blog
MAY 26, 2023
The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. Have a great weekend!
Appraisal Today
APRIL 2, 2023
What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. To read more of this long blog post with many topics, click Read More Below!! The average contract interest rate for 15-year fixed-rate mortgages decreased to 5.84
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Simonson Real Estate
JULY 10, 2020
An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios.
Simonson Real Estate
DECEMBER 6, 2022
The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. When a property has longer term leases in place, even at market rates and terms, the interest appraised is typically leased fee. Clarify What Value or Values are Needed.
Appraisal Today
SEPTEMBER 9, 2022
To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. No ads in the blog post. and NOT the ad-only emails.
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