Cleveland Appraisal Blog

AUGUST 20, 2021

When they received their report, they said that my measurements were off because they were lower than what the county auditor reported. If you call your local county auditor and ask them if they certify their reported home square footage to be accurate, I think you’ll be surprised at what they say. It is the square footage!

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Appraisal Market Value Contracts Agents 268

DW Slater Company

JUNE 16, 2022

When I was a young poor college student, I got a speeding ticket. When the officer asked me how fast I was going, I told him truthfully that I didn’t know. I remember learning the skill of easing off the pedal when something ahead was a potential problem, such as something on the road or traffic ahead. It was great!

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Supply Chain Real Estate Investors Appraisal 159

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The scope of work includes the materials of construction as well as the changes that will be made to a house. Updates or Renovations?

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Renovations Appraisal Real Estate Agent Construction 75

DW Slater Company

SEPTEMBER 29, 2022

How are we doing in our housing markets? This recent study from Wallet Hub has Texas dominating the list as the best housing market in the US based on attractiveness and economic strength. Mortgage rates were at historic lows creating a lot of buying power for consumers. I am a 7th generation Texan on both sides of my family.

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Mortgage Housing Market Appraisal Real Estate 132

Birmingham Appraisal

FEBRUARY 20, 2024

You might ask yourself how they can collaborate given two different goals, however, I believe it can be done. It’s about sharing information when possible and working together through good communication. It’s about sharing information when possible and working together through good communication.

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Agents Appraisal Real Estate Agent Bracketing 86

Appraisal Today

MARCH 8, 2024

Is it a problem to remove all bathtubs in a house? By Ryan Lundquist Excerpts: I’ve been asked this question twice this week. People planning a remodel asked if it was a big deal or not to only have a walk-in shower in each bathroom. Is it a problem to remove the tubs from each bathroom? Anything to add? Anything to add?

Appraisal 81

Appraisal Contracts Real Estate Housing Market 81

DW Slater Company

JUNE 1, 2022

We have written about relocation appraisals in the past and we appreciate our guest bloggers that contribute to our blog. Get Buy-In. According to the Child Development Institute, it’s important to answer kids’ questions in an honest and upfront manner. Enjoy this guest post from Megan Cooper with Real Life Home.

Logistics 87

Logistics Inspection Decorating Transportation 87

Movoto

APRIL 12, 2024

If you’re thinking about buying a home , knowing the answer to the question of “how long does it take to buy a house?” Throughout the following, we’ll walk through the home buying process timeline, broken down by various milestones for every step. How Fast Can You Buy a House?

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Inspection Real Estate Agent Realtors Sellers 36

Appraisal Today

MARCH 15, 2024

When I worked for a northern California assessor’s office with rural areas I learned a lot about almond growing (the main crop) and other ag topics. There are equestrian facilities within 5 miles from my house in Oakland hills and in farther out Bay Area cities with larger lots. What if there are few rural areas near you?

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Appraisal Inspection Modernization Business 68

The Robert Weiler Company

SEPTEMBER 18, 2022

When there is land for sale – whether raw acreage, commercial property, or residential – a land appraisal is the key component of the process. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. This will help you make the most of your land buying decision.

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Appraisal Valuation Real Estate Market Value 78

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' and in order to answer that question, you need to understand how Real Estate Agents make money. The advice below is from 17 Veteran industry leaders who offer tips on how to build your business when you're starting out.

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Real Estate Realtors Real Estate Agent Agents 158

Cornerstone

MARCH 12, 2021

Even in a typical year, you can expect clients to ask routine questions — and you’ll give them routine answers back. With so many changes taking place related to the pandemic, the economy, and the political sphere, your clients are going to come to you with complex questions. Is it a good time to sell?

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Clients Sellers Loan Officers Real Estate 62

Birmingham Appraisal

AUGUST 8, 2023

If you’re thinking about selling your house, you might be wondering how to get the best possible price for your property. In this blog post, I’ll walk you through the top 10 benefits of getting a pre-listing appraisal, shedding light on how it can help you make informed decisions and maximize the value of your property.

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Appraisal Buyers Real Estate Investing 75

Birmingham Appraisal

APRIL 25, 2023

In this blog post, we’ll discuss the FHA requirements for handrails and porch railings for an FHA appraisal. The requirements that are necessary to qualify for this type of loan are set up to help buyers successfully buy a home and pay back the mortgage. Handrails: Are They Needed or Not?

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Appraisal Finance Inspection Buyers 64

Will Springer Realtor

OCTOBER 17, 2023

The funds are typically repaid when buyers eventually sell the home or when refinancing their mortgage. The funds are typically repaid when buyers eventually sell the home or when refinancing their mortgage. Here are three of the most common paths to take when thinking about seeking financial assistance: 1.

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Buyers Government Finance Mortgage 63

Will Springer Realtor

FEBRUARY 21, 2023

Buying a home is unlike any other purchase. From getting your financial house in order to receiving keys to the new home, I share 30 steps that will become pivotal to a successful experience. But understanding important moments – such as these 12 steps below – is vital to reducing delays and confusion when timing is critical.

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Buyers Contracts Real Estate Realtors 67

Raleigh Realty

FEBRUARY 19, 2022

An appraisal happens during the home buying process or during a refinancing process. During the home buying process, the appraiser's sole responsibility is to ensure the bank, and thereby you, are paying the cost of what the home is worth. Typically it is one of the last steps in the home-buying process. We have you covered.

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Appraisal Process Appraisal Construction Sellers 139

Appraisal Today

DECEMBER 8, 2023

To Mean, or Not to Mean, That is the Question By Brent Bowen Excerpts: There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to arrive at an indicated value of the subject from the Sales Comparison Approach. But that begs a question… similar how?

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Appraisal Real Estate Contracts Design 66

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Here are 12 questions that will help you avoid the bad actors in your search for a great real estate agent. How long have you been working as a real estate agent? How many are sellers?

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Real Estate Agent Real Estate Agents Sellers 69

Birmingham Appraisal

JUNE 13, 2023

I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. It will also make it easier for the appraiser to contact you if they have any questions or need any clarification later.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Birmingham Appraisal

SEPTEMBER 15, 2022

Buying a home can be a confusing process, however, I hope that you have been able to surround yourself with knowledgable professionals who can help you navigate your first home purchase and make it an enjoyable experience. When a waiver is used the loan decision is primarily made based on the borrower’s good credit rating.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Partners Blog

NOVEMBER 27, 2019

Generally speaking, an appraisal is used to decide if the properties contract price is entirely appropriate; taking into consideration the features, condition, and location of the home in question. Generally speaking, for investors, one difficult area of buying properties comes in the negotiation with the homeowners or the estate agents.

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Appraisal Sellers Realtors Investing 78

Will Springer Realtor

SEPTEMBER 19, 2023

By Catherine Mesick You’ve found the perfect home – sunny kitchen, the right number of bathrooms, and a big, beautiful yard. And then someone mentions a case of flooding in the area – far from any major body of water. You start wondering, could my dream home be at risk for flood damage? All home buyers. More on this below.)

Insurance 46

Insurance Inspection Real Estate Buyers 46

The Robert Weiler Company

OCTOBER 15, 2021

Are you a newcomer to buying commercial property for sale in Columbus, Ohio? Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! Welcome to our thriving community!

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Investing Real Estate Tenants Investors 138

Will Springer Realtor

SEPTEMBER 5, 2023

It’s a creative way to trim mortgage payments in the early months of homeownership, an option that grew in popularity late in 2022 when interest rates more than doubled from the start of the year. The lender charges an upfront fee to buyers to “buy down” the interest rate for a set amount of time, usually two or three years.

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Mortgage Buyers Tools Sellers 61

Birmingham Appraisal

OCTOBER 4, 2022

With physical depreciation you can update a house and reduce its effective age , making it appear to be newer than its actual age. The only solution may be to move the house, which is possible and has happened on occasion. A Look at External Obsolescence. External obsolescence is not something you hear about every day.

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Appraisal Market Value Real Estate Appraisal Process 58

Listing Spark

MARCH 18, 2024

When you choose this route, you take on all the responsibilities of an agent, such as listing the property, marketing it, managing showings or open houses, and handling all of the negotiations. Ask yourself: What part of the process does this help with? Keep these four questions in mind as you search for innovative tools.

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Modernization Tools Open Houses Real Estate 36

McKissock

AUGUST 5, 2020

A 2016 Florida Realtors® forum asked: “Can a Realtor® advertise his/her home for sale as a FSBO with no intention of actually selling, but to only attract buyers for the agent’s services?” The house was not listed with his brokerage. FSBO ethics are not included in the National Associaton of REALTORs® (NAR) Code of Ethics.

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Advertising Realtors Real Estate Agents 95

Clear Capital

NOVEMBER 14, 2022

How do you feel when an appraisal revision request pops up in your inbox in the morning? In this blog, we will explain the impact of appraisal revisions, methods to prevent common errors, and tips for ultimately reducing the occurrence of appraisal corrections. Ask questions. Frustrating, right?

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Appraisal Lending Bracketing Appraisal Process 69

Quicken Loans

JUNE 10, 2021

So, you’ve decided you’d like to buy a home. Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar. When you get preapproved, your credit is pulled. How long does it take? Get Preapproved.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

Will Springer Realtor

FEBRUARY 8, 2023

FEBRUARY HOUSING UPDATE The first month of the year in residential real estate is typically one of resetting and preparing for the spring rush, which can start as early as February (despite the groundhog’s forecast of six more weeks of winter). The Seattle/King County housing year kicked off slowly with some promising signals.

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Architecture Housing Market Real Estate Buyers 36

Appraisal Today

JULY 1, 2023

To help you get started, we asked our appraisal community, “What advice can you offer on how to identify financial institutions and banks that engage appraisers directly, without involving AMCs?” Simply ask around! When I started fee appraising in 1986, my first client was a small local bank with a few nearby branches.

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Appraisal Contracts Market Value Mortgage 84

AmeriMac

APRIL 15, 2024

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. In this blog, we will explore the ins and outs of home appraisals, including their importance, how they affect mortgage loans and home equity, and the step-by-step process of ordering a home appraisal quickly.

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Appraisal Appraisal Process Real Estate Renovations 36

Lamacchia Realty

MARCH 17, 2022

Worried about selling and buying at the same time? If you answered yes to any of these questions, then you are one of over a million people across the country right now who feel the same way. If you answered yes to any of these questions, then you are one of over a million people across the country right now who feel the same way.

Sellers 66

Sellers Realtors Buyers Inventory 66

Raleigh Realty

AUGUST 19, 2022

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. Millennials are waiting longer to buy. However, research surprisingly points in the opposite direction. I’m a real estate agent.

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Real Estate Agent Real Estate Agents Buyers 78

Appraisal Today

JANUARY 19, 2024

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. The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Opens in You Tube. Excerpts: five bedrooms, 4.5 Built in 1970.

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Appraisal Contracts Real Estate Architecture 72

Appraisal Today

SEPTEMBER 22, 2023

I drove by the house and looked at what was nearby, etc. NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Here are a few of the many survey results. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents.

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Appraisal Training Inspection Real Estate 85