Cleveland Appraisal Blog

NOVEMBER 11, 2021

In the news, you’ve no doubt seen that Zillow is selling off the homes it owns and getting out of the home-flipping business. One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes.

Market Value 364

Market Value Valuation Appraisal Real Estate 364

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. Some building owners may structure a lease with a separate related entity that operates the business. Value Scenarios. Prospective Values.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

Small Business Administration and Minnesota Bankers Association. Our goal is helping our clients make sound investment decisions and solve real estate problems to achieve their financial and business goals. Examples: Owner occupied properties don’t have a lease in place and so the property is appraised based on market rents.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 148

Appraisal Tenants Investors Business 148

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.”

Appraisal 54

Appraisal Valuation Real Estate Design 54

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 78

Appraisal Tenants Investors Business 78

Empire Appraisal Group

JULY 1, 2021

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,

Agents 78

Agents Appraisal Real Estate Realtors 78