Cleveland Appraisal Blog

MAY 26, 2023

Because in both instances, they first had their homes valued by real estate agents, not appraisers. The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised.

Appraisal 302

Appraisal Real Estate Agent Real Estate Agents 302

Clear Capital

FEBRUARY 23, 2024

Inclusionary Housing : Typically administered by housing authorities or municipalities, inclusionary housing policies require for-profit developers to create a percentage of units sold below market value. The contract will also likely reference a second document, either a deed restriction or a ground lease.

Valuation 36

Valuation Market Value Contracts Appraisal 36

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” My Comments on Market Changes. USPAP and the Contract.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” percent from 6.40

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

PennyMac

JUNE 28, 2022

In some states, you need an attorney to close on your home. This fee will cover the attorney preparing and reviewing agreements and contracts. Often, the seller will pay this fee, but it can depend on how competitive the housing market is or what the specific HOA contract dictates. Property Appraisal Fee.

Insurance 36

Insurance Property Taxes Sellers Inspection 36