The Robert Weiler Company
JANUARY 2, 2021
In real estate, buyers and sellers must be knowledgeable to make informed decisions. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer. The agreement is solely between the buyer and the seller, and there is no bank or lender involved.
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. I also had good data for the construction cost (replacement cost). None were great.
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Cleveland Appraisal Blog
MAY 26, 2022
I wanted to see what slant potential buyers might take on the situation. After interviewing several agents that had sold homes that were adjacent to the property I was appraising, I found a comparable sale that had sold a few years back with a similar tilt. After all, a tilting home is a quick way to lose one’s marbles !
McKissock
SEPTEMBER 10, 2020
Again, an appraiser looking to specialize in these property types, should become very familiar with the ongoing litigation related to properties with intangibles. Special purpose property tips. Before you accept a review appraisal assignment for a special purpose property, here are some tips to guide your decision: 1.
Appraisal Buzz
JUNE 11, 2024
Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 The number of entry-level homes represent less than 10% of all newly constructed homes, compared to about 35% in the 1970s.
Appraisal Today
SEPTEMBER 22, 2023
Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. No appraisal required on those!
Empire Appraisal Group
AUGUST 12, 2021
Be ready to explain to home buyers and sellers why there may be conflicting reports on a home’s livable space. Many characteristics affect the appeal, marketability, and value of a property. Except in new construction, where plans are provided, the scope of work for URAR assignments requires appraisers to measure the property.
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