Business Legal Market Value Renovations 
Housing Wire
NOVEMBER 23, 2021
The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.
Cleveland Appraisal Blog
APRIL 21, 2022
Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.
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Birmingham Appraisal
JUNE 11, 2024
My Appraisal Business Has Shifted, Has Yours? With the recent slowdown in home purchases, my appraisal business has shifted towards private work, catering to a diverse array of needs outside traditional transactions. Example Benefits: A homeowner in Birmingham decided to get a marketing appraisal before listing her house.
Cleveland Appraisal Blog
JUNE 18, 2022
Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Just What is a COMPARABLE Sale?
Eppraisal
OCTOBER 23, 2023
Your offer will only become legally binding if the seller signs it. The mortgage lender has three business days to give you a good-faith estimate or reject your application. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value.
Appraisal Today
APRIL 26, 2024
However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.
D Fritz Appraisals
MARCH 16, 2021
The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Any known inconsistencies with data – if your assessed property value has been fluctuating wildly over the years, this needs to be looked at. This will help ensure a fair market value.
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