Cleveland Appraisal Blog

MAY 26, 2023

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. Have a great weekend!

Appraisal 302

Appraisal Real Estate Agent Real Estate Agents 302

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. 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. percent from 6.48

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

SEPTEMBER 9, 2022

The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). So they are paying investment value, not market value. But not one at a time. percent from 5.80

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52