Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. The seller will probably never know.

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Listing Spark

JULY 6, 2021

Each Franchise is trained by the Homevestors parent company, but each franchise holder will operate totally different from the next on, so you NEVER know what you really getting depending on which franchisee you actually call. Most traditional buyers have to get a mortgage. “We Buy Ugly Houses” Pros. Flexible Move-Out.

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Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate? via Zillow.com Are Zestimate’s Worth Looking At?

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McKissock

DECEMBER 20, 2021

Even before the pandemic, homebuyers and sellers were experimenting with a new, online model of real estate — instant buying, or “iBuying.” However, do-it-yourself home-buying and selling can be overwhelming because buyers and sellers are inundated with information without knowing what to do with it.

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AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals.

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East Coast Appraisal

SEPTEMBER 26, 2023

An accurate appraisal can help: A buyer to avoid overpaying for a property A seller to ensure they get a good price for their property A lender to avoid lending more than the property's fair market value Property buyers, sellers, and lenders enjoy these benefits if they work with the right appraiser.

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Realtor

MAY 15, 2023

The appraisal also protects you as a buyer. “In these instances, a hybrid appraisal is to determine the home’s fair market value but also to confirm the true condition before the home goes into a short sale or foreclosure scenario,” says Alvaro Moreira , owner of the Georgia mortgage company Moreira Team.

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DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! If a buyer defaults on the loan, the lender wants to be able to recoup the cost of the home. What is an appraisal?

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DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! If a buyer defaults on the loan, the lender wants to be able to recoup the cost of the home. What is an appraisal?

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Hank Miller Team

JANUARY 25, 2022

Sure the reflex text book answer is “what a buyer is willing to pay” but that’s hardly the complete picture. A home has a number of “values” and most are not tied to the buyers in the market. Market Value Market value anticipates the “a home should sell for” question. How reliable is it?

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Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. Currently, these data collectors have no standardized training or license requirements. The next point considers the training of the property inspector.

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Birmingham Appraisal

FEBRUARY 20, 2024

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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McKissock

DECEMBER 21, 2021

Firstly, they appeal to a very extensive network of potential affluent buyers as well as marketing strategies that can connect locally, nationally, and even globally. A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above.

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AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Lamacchia Realty

FEBRUARY 22, 2022

The 2021 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2021 compared to 2020 and illustrates what that means for the current market. That’s because the anemic inventory isn’t entirely due to fewer sellers. It has more to do with buyer consumption.

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AmeriMac

JANUARY 3, 2022

Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. A home appraiser is someone who has been both licensed and trained who physically visits the property in question. For the sake of example, let’s say a buyer agrees to buy a property for $500,000.

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AmeriMac

JANUARY 3, 2022

Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. A home appraiser is someone who has been both licensed and trained who physically visits the property in question. For the sake of example, let’s say a buyer agrees to buy a property for $500,000.

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McKissock

JUNE 8, 2021

She threatened to turn me in to the State because she said: “It’s against the law for two different appraisers to have different value opinions.” Because there’s no correct answer in appraising. The Employee Relocation Council (ERC) knows there’s no correct answer in appraising.

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PennyMac

JULY 20, 2021

Many of them have had great training and even specialized experience working for seasoned Realtors®. She encourages buyers to make sure that the agent they choose has the necessary experience to guide them through anything they may encounter. What percentage of your clients are buyers? How many are sellers?

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Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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AmeriMac

APRIL 15, 2023

When it comes to qualifications, commercial appraisers undergo additional training and require more experience than residential appraisers in order to obtain these credentials. It is important to assess the value of your commercial property through a professional appraiser to make informed decisions on its future use.

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Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property.

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Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. But the buyer goes, “I just have one condition.

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AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal.

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AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal.

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AmeriMac

FEBRUARY 14, 2022

Here, a trained professional will gather as much information about a home as possible – along with information about comparable homes in the area – to determine a fair market value. When a certified appraiser assesses the value of a property, one of the factors they look at is other homes in the immediate area.

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AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal.

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Appraisal Today

APRIL 2, 2023

As we get closer to the implementation date, we’ll provide links to training opportunities, so check back often to make sure you’re on track. Pandemic boomtowns and pricey coastal markets, including Phoenix and Seattle, have seen the biggest increases in concessions. Home sellers gave concessions to buyers in 45.5%

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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 Lee Miller.

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