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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Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

DECEMBER 10, 2022

I can tell you that some buyers will certainly agree with these points! Therefore, when making any renovations to increase your home’s worth, always keep in mind that potential buyers may have very different tastes from you. Potential buyers may be put off by a home that is carpeted from floor to ceiling. 2 Bad neighbors.

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Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

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Valuation Appraisal Marketing Real Estate 130

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. And then they will impersonate the property owner.

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The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Residential Real Estate Sales.

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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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Market Value Valuation Appraisal Real Estate 364

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.

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Appraisal Market Value Legal Property Appraisal 354

Town & Country Residential Appraisals

MARCH 27, 2023

Moving it would mean it wasn't attached to a permanent foundation and therefore, is viewed more as personal property and not real property. Additionally, the manufactured home must be a one-unit dwelling that is legally classified as real property and cannot include an accessory dwelling unit.

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Finance Real Property Legal Buyers 56

Housing Wire

MAY 25, 2022

million Americans who live in homes financed with chattel — about 42% of the manufactured housing market — don’t enjoy the consumer protections that long-established legislative bulwarks afford those with a traditional mortgage. But the government sponsored enterprises may now be on the cusp of entering the chattel market.

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Housing Wire

JUNE 9, 2021

HousingWire recently spoke with Jim Albeertelli, CEO of Voxtur, about the company’s r ecent acquisition and launch of an automated workflow management platform for the global market. HW: What are some of the current challenges regarding property tax assessment? We also evaluate key metrics related to appraiser performance.

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Appraisal Property Taxes Technology Valuation 388

Eppraisal

FEBRUARY 7, 2023

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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Will Springer Realtor

FEBRUARY 27, 2024

One scheme growing in popularity involves “title pirates,” fake sellers who convince a buyer, real estate agent and/or title company that the “sellers” own a property and want to get rid of it quickly. The impersonation of a property owner is only the latest attempt to upset the real estate industry.

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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.

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Lamacchia Realty

DECEMBER 18, 2023

To the everyday buyer and seller , they may not think there is much of a difference between the two. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. They consistently keep up with how the market is performing, trends, and property values.

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Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy.

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Annarbor Appraisal

APRIL 9, 2020

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings.

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McKissock

APRIL 30, 2021

Sales due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than the property’s market value. Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. The transaction is between the lender and the buyer.

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Empire Appraisal Group

JULY 1, 2021

It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. Bradley says some real estate pros give her a spreadsheet of the multiple offers on the property. “We

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Agents Appraisal Real Estate Realtors 78

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. Note: Floor plan functionality may affect marketability and value. | Realtor Magazine. Why Do Square Footage Disputes Arise?

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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 used the best market data that I could find. And the property being appraised had not been built yet.

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Development Appraisal Market Value Valuation 337

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Housing market trends for 2022. So, many markets may cool off.”. Tampa, Fla.),

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Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Please join us on Wednesday, July 15th at 2:30 p.m.,

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Valuation Real Estate Appraisal Retail 146

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

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Sellers Real Estate Realtors Real Estate Agent 354

The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! First-time home buyers are choosing Ohio.

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Cleveland Appraisal Blog

MAY 26, 2022

However, correcting the tilting was something that would help the marketability of the home. I wanted to see what slant potential buyers might take on the situation. This helped me to see that there was not a large negative impact on value or marketability. A little driveway settlement is typical in most areas in my market.

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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. I understand.

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Annarbor Appraisal

JUNE 6, 2019

Often, buyers and sellers are under the impression that it is simple to price a house by its square footage. Notice how the smaller houses measured with the moving average trend line, are sold for quite a bit less than those that encompass the entire market (in this case, a school district). What is the value of a Yugo per pound?

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Appraisal Valuation Real Property Sellers 78

McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

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Contracts Appraisal Market Value Real Estate 64

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.

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Lamacchia Realty

APRIL 4, 2024

When it comes to real property (including a home or land), there are different kinds of ownership that help the courts determine who the executors of an estate sale will be: Sole Ownership – This is when a property is owned by one individual. Spend a little time improving the property’s landscaping.

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Tenants Realtors Legal Real Estate 51

Appraisal Today

APRIL 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, regression and AVMs, unusual homes, mortgage origination stats, etc. = This statement definitely applies in the appraisal of real property. Some appraisers use postcard marketing to bail bond agents.

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Appraisal Business Marketing Agents 52

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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Appraisal Real Estate Market Value Technology 78

Hood Homes Blog

SEPTEMBER 23, 2019

SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) Usually, the listing agent uploads the seller’s disclosure to the MLS with the property listing so that it is immediately available to the buyer’s agent to send to the buyer. Texas Seller’s Disclosure Law. In the Contract. The Fort Hood Inspection.

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McKissock

SEPTEMBER 20, 2021

This Case Interpretation of Article 7 involves an undisclosed dual agency, where the listing agent accepted compensation from the seller and buyer without disclosing it to the seller. This includes “opinions of real property value or price.” You may also represent the buyer and will owe fiduciary duties to that buyer.

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The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. Now that we’ve piqued your interest in our fantastic city, it’s time to dive into commercial property investment.

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Investing Real Estate Tenants Investors 138

AmeriMac

JULY 1, 2021

Every property is unique for many reasons, the location being one of them. Describing a particular real property and collecting data relative to supply and demand are the appraiser’s responsibilities. Process of Property Appraisal. Property Appraisal: What Home Sellers and Buyers Need To Know.

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Property Appraisal Appraisal Appraisal Process Sellers 36

The Robert Weiler Company

SEPTEMBER 30, 2020

A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. Who Conducts Commercial Real Estate Appraisal Reviews? We know the industry, and we deeply understand the Central Ohio commercial real estate market.

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