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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. For instance, say I am appraising a home with one thousand square feet of above grade living area. I may run a search for homes with between eight hundred to fourteen hundred square feet.

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How Depreciation Works

Cleveland Appraisal Blog

What is the primary reason a newly built home has a higher market value than the same home that is older? There are three basic causes of depreciation for homes. All homes, that are not new, suffer from physical depreciation, because all homes are only new once. As a home ages, it begins to deteriorate.

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What to Know About Home Renovations in 2022

Lamacchia Realty

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Cost of Materials.

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Why Appraisal Workfiles Are Important

Appraisal Today

My office and home garage are filled up with paper files! NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Newer appraisers are lucky.

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. After a major interior makeover, the architecturally significant home is in Houston‘s upscale Piney Point Village neighborhood.

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What Appraisers Wish Real Estate Agents Understood

Appraisal Today

I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes. To read more of this long blog post with many topics, click Read More Below!! Spread throughout the globe, these homes are often accompanied with views of near untouched nature.

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What are Millennial Homebuyers Looking For?

Raleigh Realty

With the increase in student loan debt, frequent career shifts, and living through the 2008 housing crisis, many may consider millennials financially insecure and opposed to home ownership. To the millennial generation, owning a home is not only a wise investment option but a fundamental value intrinsic to the American Dream.