Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

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Appraisal Development Market Value Tenants 279

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Real Estate Agent Contracts 76

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. The seller can pick a different one.

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Real Estate Agent Sellers Inspection Real Estate 69

McKissock

OCTOBER 3, 2021

Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. . One of the best aspects of real estate investing is the variety of options that you can choose from. Wholesaling real estate as an investment strategy.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Real estate is a highly illiquid asset. A liquid asset is one that can be sold immediately at market value. So, real estate is illiquid compared to most other types of assets. Space Market Risk.

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Real Estate Tenants Investing Construction 53

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. These evaluations have a central feature in any significant sales negotiations made within the real estate industry.

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Real Estate Appraisal Valuation Clients 36

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

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Appraisal Renovations Real Estate Valuation 50

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Too many appraisers?

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Appraisal Law Development Valuation 309

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. Our opponents have carefully framed their questions to bring to the forefront any potential racial biases on the part of appraisers and real estate appraisal in general.

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Appraisal Contracts Real Estate Architecture 73

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Appraisal HOA Easement Valuation 126

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What if the home doesn’t appraise for the contract value? Some people confuse a real estate appraisal with a home inspection. An appraisal is seeking value.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Listing Spark

MARCH 15, 2022

Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. How to improve your appraised value. Don’t do any major renovations or updates before the appraisal. Major renovations or updates before the appraisal can hurt a home’s value.

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Appraisal Renovations Contracts Buyers 36

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Renovating your kitchen, bathroom, or bedrooms.

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Appraisal Real Estate Agent Market Value Real Estate 36

The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? 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. Understanding the Process for Appraising Commercial Real Estate.

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Real Estate Appraisal Property Appraisal Valuation 147

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

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Housing Market Marketing Reconsideration of Value Contracts 367

Quicken Loans

MAY 18, 2021

If you’ve recently inherited a piece of real estate and aren’t sure what to do with it, your choice will come down to one of three options: move into the house, sell it or rent it out as another source of income. Consult a tax adviser to go over your options for determining fair market value. Capital Gains Taxes.

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Landlords Decorating Market Value Mortgage 55

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Value Scenarios. What is Market Value As Is and When is it Used? Note that U.S.

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Appraisal Process Appraisal Market Value Tenants 148

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. Agents should also consider the seasonality of the real estate market.

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Market Value Agents Appraisal Bracketing 86

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.”

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