Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. That is not always a simple task.

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Cleveland Appraisal Blog

NOVEMBER 11, 2021

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. They are excellent at marketing. Just think how much more difficult it would have been to flip in a declining market.”

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East Coast Appraisal

OCTOBER 18, 2021

Accurate home appraisals benefit both property buyers and sellers. Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The comparable properties should be as similar as possible to the one appraised.

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Valcre

JUNE 17, 2022

Other times, appraisals are used as a means of determining accurate values for taxation purposes, among other considerations. Essentially, an appraisal gives an updated picture of the current market value based on factors like location, age, and how well it has been maintained.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Fritz Appraisals Inc. knows which renovations can add market value – and which will make your home more valuable to you but won’t necessarily increase the selling price. Read on for our top 8 picks for renovations that increase home value in BC. How is Home Value Measured? No need to install expensive hardwood.

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Appraisal Hub

AUGUST 13, 2021

It’s in the best interests of the bank, the seller, and the buyer to get an appraisal for the following reasons: The bank – Proper appraisal is critical in underwriting. If the loan is worth more than the home’s market value, the bank may find it challenging to recover their investment if the buyer defaults on their mortgage.

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Appraisal Buzz

MAY 24, 2021

When you calculate a house’s worth, you think about how numerous factors position the property in the current market. This process has appraisers review location, condition, and other variables so they can assess whether buyers will be interested. These properties are not for owner occupancy.

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Empire Appraisal Group

OCTOBER 5, 2023

What is a Date of Death Appraisal? A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away.

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Appraisal Hub

DECEMBER 22, 2021

Appraisers in Toronto can help you make an informed decision before you buy or sell a property. With a home appraisal, you can position yourself more confidently in the market. Why get your property appraised? The purpose of a property appraisal is to determine the real market value of your home.

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Appraisal Hub

MARCH 19, 2023

Mortgage lenders require assurance that they are issuing a loan commensurate to the value of the property. A property appraisal in Toronto will provide them with an accurate assessment of that home’s value. How Can Buyers And Sellers Benefit From Appraisals? Where Can I Find An Appraiser In Toronto?

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East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Is Only Beneficial to the Buyer. Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. Home Appraisal Is the Same As a Home Inspection.

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Real Estate Appraisal Renovations Market Value 52

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Below are tips to help you get the right appraiser. Specialization Residential and commercial property appraisals differ. For example, commercial property appraisal considers income generation, which isn't a factor for residential property appraisal.

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Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Their expertise goes beyond helping buyers and sellers determine accurate market value.

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Aedis Appraisals

JUNE 13, 2017

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. What Is an Appraisal and When Do I Need One? How Does the Process Work?

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Realtor

AUGUST 7, 2019

So what is an appraisal and why don’t you need one (just yet)? Why do appraisals happen late in the home-buying process? Simply put, home appraisals are meant for the buyer’s lender more than any other party. And they may not accept an appraisal that the seller did at the time of listing.”. The final word.

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Sellers Appraisal Market Value Real Estate Agent 111

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. Description of the commercial property.

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Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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The Robert Weiler Company

MARCH 15, 2021

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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Appraisal Hub

AUGUST 21, 2020

The result of a home appraisal is a comprehensive report detailing the appraiser’s visual inspection and other factors, such as current market trends, the home’s features, and the recent sales of other luxury homes. That report should help you understand your Toronto home’s appraisal value.

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Realtor

AUGUST 7, 2019

So what is an appraisal and why don’t you need one (just yet)? Why do appraisals happen late in the home-buying process? Simply put, home appraisals are meant for the buyer’s lender more than any other party. And they may not accept an appraisal that the seller did at the time of listing.”. The final word.

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Sellers Appraisal Market Value Real Estate Agent 78

AmeriMac

APRIL 30, 2024

Understanding the commercial appraisal process and the importance of trust in experienced and licensed commercial property appraisers is essential for anyone involved in commercial real estate transactions, whether it be buying, selling, or owning a commercial building. What Exactly Is a Commercial Appraisal?

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Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. These include: 1.

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Realtor

DECEMBER 4, 2019

Here’s more on the home appraisal process, so you can learn the true value of your future home. What is the job of an appraiser? An appraiser’s job is to determine the current value of a property for the potential buyer. Then the buyer pays the appraisal fee in the closing costs.

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McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. What is in the sales contract that an appraiser actually needs to see? When contract prices and value often differ. Questions we should ask ourselves.

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The Robert Weiler Company

APRIL 20, 2021

These approaches to valuing a business are discussed in more detail, below; however, they are each based on specific criteria, from industry performance to market climate. Elements such as assets (both tangible and intangible), current market conditions, and the circumstances of the business (i.e., The market value approach.

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Valuation Business Buyers Market Value 147

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value.

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McKissock

JANUARY 14, 2022

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. For example: I had an assignment to appraise a 3,500 sq. Free Download: Ready to launch your appraisal career?

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property.

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Birmingham Appraisal

FEBRUARY 8, 2023

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes.

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Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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AmeriMac

APRIL 15, 2023

Investors also use commercial real estate appraisals to determine the value of the property. These appraisals are considered equivalent to a property valuation and are used to determine the value of the property in the current market.

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Real Estate Appraisal Property Taxes Valuation 36

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. The cost approach considers the value of the site and the estimated cost to replace the subject dwelling, less depreciation.

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Boston Appraisal

SEPTEMBER 22, 2020

When a real estate appraiser is working for an owner/client, they will be able to help the owner to see the true developmental potential of their property to maximize a future sale price. The home had a depreciated value of about $40,000. Financially Feasible. But in the end, it does really come down to the cost.

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East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller.

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