Cleveland Appraisal Blog

SEPTEMBER 30, 2022

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

Appraisal 342

Appraisal Development Market Value Clients 342

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? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

Contracts 52

Contracts Appraisal HOA Architecture 52

McKissock

JULY 11, 2022

” Here are two quotes from that article that are still true today: “How credible do you think a current estimate of market value will be if it is based solely on three sales made to low down-payment buyers at the height of the recent feeding frenzy?” The same can’t be said for the other two.

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JULY 1, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. – Book Review. The average contract interest rate for 5/1 ARMs decreased to 4.64

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Appraisal Today

SEPTEMBER 15, 2023

This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price. Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc.

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Appraisal Real Estate Agent Contracts Real Estate 81

Lamacchia Realty

JUNE 21, 2022

That’s because fewer homes are being placed under contract. This is an incredibly effective way to gain interest in a listing that has otherwise sat on the market without much of a response. In the book Zillow Talk by Spencer Rascoff and Stan Humphries Chapter 15 talks about Pricing. Final Thoughts. They are right.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Valuation Business Buyers Market Value 147

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 percent from 13.3 percent from 6.78

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Appraisal Contracts Insurance Construction 79

Appraisal Today

OCTOBER 6, 2023

This year, for the first time, you can purchase just the book of USPAP standards for $35. Marketing, Forms, Scope of Work, What they Want, Getting names of companies, and many more topics. Valuation By Comparison by Mark Ratterman, MAI Book Review. This covers all Definitions, Rules, and Standards. Well worth it. Everything.

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

Appraisal Buzz

MAY 24, 2021

Challenges often arise in how professionals figure out the overall value of multifamily homes. Because appraisals are contingencies in 43% of contracts , you must find ways to accurately evaluate these properties. It lets appraisers know how much buyers would pay for a similar home in the current market.

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Appraisal Tenants Buyers Landlords 397

Appraisal Today

SEPTEMBER 9, 2022

Mansions, of course, have long played a special role in the American psyche—from Gilded Age monuments to egregious affluence in New York, from futuristic edifices for the West Coast tech elite to the larger-then-life residences of comic book titans Richie Rich, Scrooge McDuck, and Batman. So they are paying investment value, not market value.

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Reconsideration of Value Appraisal Clients Contracts 52