The Robert Weiler Company

SEPTEMBER 9, 2022

Land investors choose land to buy in Ohio for many reasons. And there is less competition when buying land than other real estate markets. Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. Market conditions. How to Buy Land in Ohio.

Real Estate 78

Real Estate Buyers Contracts Development 78

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Add to the mix Wall Street and corporate investors circling like apex predators. Depends on how motivated the buyers are and how well educated they are to the proclivities of the market.

Buyers 52

Buyers Inspection Contracts Sellers 52

Hank Miller Team

DECEMBER 1, 2021

The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets. Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. Water and foundation issues are very common, some obvious and some not so much.

Inspection 52

Inspection Buyers Real Estate Sellers 52

Housing Wire

MARCH 2, 2022

The free market liked what it saw, and subsequent waves of development shifted the city’s economic and demographic epicenter. Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse.

Development 290

Development Real Estate Design Local Properties 290

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. Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought!

Investing 138

Investing Real Estate Tenants Investors 138

Listing Spark

DECEMBER 2, 2022

Prepping a home to hit the market can cost a lot of time, energy, and money. Unfortunately a contract’s “as-is” clause can be confusing for some sellers. The “as-is” clause on a standard Texas TREC contract can be confusing for some home-sellers. How can that be possible?

Contracts 36

Contracts Sellers Inspection Buyers 36

Appraisal Today

MARCH 8, 2024

It’s not a black and white answer: There’s not one black-and-white answer that applies to every house, price range, location, or market. By Peter Christensen Excerpts: Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? Anything to add?

Appraisal 85

Appraisal Contracts Real Estate Housing Market 85

McKissock

JANUARY 6, 2023

An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. These may be full-time jobs or contracted services.

Appraisal 74

Appraisal Training Lending Land Management 74

PennyMac

SEPTEMBER 6, 2023

Other cash buyers, like investors, may also be ready to buy your house quickly. Especially in a seller’s market, you will likely be able to sell successfully. Buyers will have an inspection done and the cost of some repairs or updates, especially those regarding safety, often falls to the seller.

Renovations 36

Renovations Inspection Sellers Buyers 36

Listing Spark

APRIL 17, 2024

This trend changes the landscape for real estate investors and house flippers. For experienced flippers, there’s more competition in an already tight market. For people who want to try house flipping as a new real estate investor, there’s an opportunity in the market.

Tools 36

Tools Modernization Real Estate Real Estate Agent 36

The Robert Weiler Company

SEPTEMBER 25, 2020

As an investor, you must ensure that your real estate appreciates by making smart improvements. Some property management companies will also market your property; however, that’s not necessarily an essential service. Such tasks usually require the manager to: Perform frequent inspections. Screen and interview tenants.

Property Management 143

Property Management Tenants Real Estate Inspection 143

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. REO properties are attractive to homebuyers or real estate investors for several reasons. What is a Real Estate Owned (REO) Property?

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Fannie and Freddie have long said that they want appraisers to tell them about their markets. All cash and investors.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MARCH 31, 2023

First, “third party” inspections. And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. Secondly, the 3rd party inspection is sent to a licensed appraiser. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Was listed for $748,000 in 8/22.

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

The Robert Weiler Company

SEPTEMBER 23, 2021

For commercial real estate companies and investors, looking at wide-ranging commercial property sectors, doing so can be an overwhelming (not to mention stressful and time-consuming) experience. Granted, this could be a challenge in the priciest of markets in the largest cities. million pools to fit it all in.

Retail 158

Retail Real Estate Business Training 158

The Robert Weiler Company

APRIL 5, 2023

The pandemic created a spike in e-commerce sales and the need for data centers, transforming the industrial real estate market both nationally and locally, in Columbus, Ohio. Industrial real estate investors and developers can’t add new properties to the market fast enough. office, inspection station, docking)?

Landlords 144

Landlords Tenants Logistics Real Estate 144

McKissock

JULY 11, 2022

There are occasions when the income approach can be the primary indicator of value for residential properties, such as developments with a high percentage of homes owned by investors. What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy?”

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” All appraisers under current market conditions must expand their scope of work to include additional comparable sales.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Housing Wire

NOVEMBER 30, 2023

Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. Now is an ideal time to help those investors by becoming a real estate agent in Ohio.

Real Estate 360

Real Estate Real Estate Agent Brokerage Agents 360

The Robert Weiler Company

NOVEMBER 9, 2022

Also, see why Columbus is a hot spot for commercial real estate investors. Once you have finalized your Columbus, Ohio property search with a property you’re interested in, there are key areas to inspect; look for damp spots and mold, and check out the woodwork, roofing, ceilings, doors, windows, cupboards, electric, plumbing, and heating.

Transportation 78

Transportation Real Estate Supply Chain Investing 78

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. In short, a commercial property appraisal determines the fair market value of your property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Now that the market is in better health, foreclosed homes are on the decline, with 624,753 properties filing for foreclosure in 2018, according to the ATTOM Data Solutions 2018 Foreclosure Market Report.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Housing Wire

JANUARY 11, 2024

There are a lot of agents today that still prefer having their customers sign contracts manually, with physical signature. But having some experience with that, I didn’t really want to find contract offshore providers. And there are some states or even some geographies within states that still mandate that. But it’s weird.

Technology 377

Technology Contracts Business Appraisal 377

Listing Spark

AUGUST 31, 2023

One common piece of advice is that investors should become licensed agents—but should real estate investors get a real estate license? Should Real Estate Investors Get a Real Estate License?: One investor may put their retirement savings in passively managed REITs. Does it provide any value, and is that value worth it?

Real Estate 36

Real Estate Investors Investing Real Estate Agent 36

Listing Spark

AUGUST 23, 2021

Are you selling to an investor or an iBuyer? Unrepresented buyers will likely take longer to secure financing, handle contracts, and make their way from contract to close. Over pricing the home can lead to sitting on the market longer in order to find a buyer. How long does it take to sell a house?

Realtors 36

Realtors Contracts Agents Buyers 36

Listing Spark

AUGUST 23, 2021

Are you selling to an investor or an iBuyer? Unrepresented buyers will likely take longer to secure financing, handle contracts, and make their way from contract to close. Over pricing the home can lead to sitting on the market longer in order to find a buyer. How long does it take to sell a house?

Realtors 36

Realtors Contracts Agents Buyers 36

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 377

Inventory Housing Market Marketing Construction 377

Property Metrics

AUGUST 13, 2020

So, planning for 2% inflation each year would be a reasonable estimate in this market. Property owners, therefore, can set lease rates that allow for this 2% annual growth in overall market prices. When market interest rates increase, the required rate of return or discount rate also increases. Space Market Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Cleveland Appraisal Blog

MARCH 18, 2021

This area has suffered economically for many years, though market conditions are improving. By the way, I did apply market adjustments in my report to reflect this. The property had been purchased for a price in the mid 50’s by an investor, two months prior to my appraisal. The driveway was still in poor condition.

Appraisal 195

Appraisal Investors Buyers Market Value 195

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value.

Appraisal 80

Appraisal Construction Contracts Architecture 80

Hank Miller Team

APRIL 4, 2022

. "Measured risk” is a good way to summarize how buyers need to think right now as conventional tactics are simply not effective in this market (4/22). It's understanding the current market and the influences at play. Those not waiving inspections try for the “right to inspect”; a modified and very narrow inspection option.

Buyers 75

Buyers Inspection Sellers Contracts 75

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

Easement 52

Easement Contracts Appraisal Inspection 52

Listing Spark

AUGUST 2, 2021

iBuyers have grown to be a large segment in the real estate transaction market. This is the same basic principal that your average real estate investor uses. Offerpad leverages a massive marketing budget that attracts home sellers nationwide to request quick cash offers on Offerpad’s site. How Does Offerpad Work?

Contracts 36

Contracts Real Estate Inspection Sellers 36

Listing Spark

MARCH 19, 2024

House flipping is a turbulent yet high-risk, high-reward market, and it has been ever since the real estate market turned on its head. Investors who flip houses for a living have two choices in responding to this trend: Accept lower returns: If you have cash to spare and love flipping homes, you can make do with decreased profits.

Tools 36

Tools Buyers Business Tenants 36

Listing Spark

JULY 5, 2023

When new property investors think about the cost of having real estate investments, they might picture ongoing maintenance and repairs— approximately 1% of the property’s value per year. Buy-and-Hold Strategies If you’re a buy-and-hold investor, you plan on holding onto the property for a significant amount of time.

Investing 36

Investing Real Estate HOA Sellers 36