Cleveland Appraisal Blog

AUGUST 25, 2022

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations.

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Property Metrics

MAY 28, 2021

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

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Housing Wire

APRIL 22, 2024

We’ve researched the best Washington State real estate schools for every budget, schedule, and learning style. From Seattle and Spokane to Redmond and Coastal Washington, our guide will help you choose the best Washington real estate school and course package for your needs. Streamlined navigation. 5-day free trial.

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Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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Appraisal Buzz

OCTOBER 11, 2021

In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data. There can be a wide variance between what intended users require in terms of property data, think lenders versus tax assessors. We’ll have to do the same thing.

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Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. In real estate transactions, notarizations must provide certainty for property transfer. In Japan, the word for “improvement” is kaizen. To date, 37 states and U.S. territories have enacted URPERA.

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Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

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Lamacchia Realty

DECEMBER 18, 2023

REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR? States, Guam, Puerto Rico, and the Virgin Islands.

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McKissock

NOVEMBER 19, 2021

There are many opportunities for new real estate appraisers entering the profession today. Keep reading for insights on the appraisal profession, how to become a property appraiser, and, finally, how to maintain your license and grow your career. Real property appraiser qualification criteria.

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McKissock

DECEMBER 31, 2021

As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. If you, too, see retirement on the horizon, here are some useful resources designed specifically with appraisers in mind: Investment Tips: How to Grow Your Retirement Savings.

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McKissock

SEPTEMBER 10, 2020

Business components in special purpose properties are often referred to as “intangibles.” Below, we provide an overview of intangibles and outline six special purpose property tips for appraisal reviewers. ” In a special purpose property such as senior living and hotels, intangibles are branding, franchising, and management.

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Real Quantum

NOVEMBER 24, 2020

The highest designation in the appraisal profession is the MAI membership designation. The requirements for this designation are below and should be the expectations for your team. Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). About the Author.

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McKissock

SEPTEMBER 25, 2020

FREE Webinar: Join us on Wednesday, October 14, 2020 for a free webinar, Proven Test Taking Tips for Your Real Estate Appraiser Exam. Anyone looking to become a licensed or certified real estate appraiser must take and pass the national exam. Sign up now. Who needs to take the exam? What’s on the exam?

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McKissock

DECEMBER 2, 2022

There are many reasons people choose to launch a career in real estate appraisal—including the potential to earn a high income, opportunity to work flexible hours, and low start-up costs compared to other small businesses, to name a few. Next, identify goals designed to grow your career.

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Cleveland Appraisal Blog

DECEMBER 10, 2022

Always remember that a home that can be easily adjusted to meet the needs of a wide variety of people will sell far faster than one that’s designed specifically for you. So, here’s a list of things that can decrease property value you should know about. #1 1 Natural disasters. Click here to visit their website.

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Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. What Is an Estate Appraisal?

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Appraisal Today

SEPTEMBER 22, 2023

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. They included appraisers, real estate agents, and someone with a week, a month, or online video training.

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McKissock

JULY 2, 2021

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. One thing we recently learned is about real property vs personal property. ” LEED certification (6%).

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McKissock

FEBRUARY 23, 2021

Want to know which CE courses are trending right now among your fellow real estate appraisers? Residential Property Inspection for Appraisers. This course is a primer on how to inspect a residential property, and it is designed to be meaningful and relevant for experienced appraisers and novice appraisers alike.

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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. Is it always dollar for dollar? Sometimes it is.

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McKissock

NOVEMBER 3, 2020

They tend to assume that the trainee, once she earns the Certified Appraiser designation , will set up shop as a competitor. In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria. They fear that doing so will turn out to be a lot of time and energy spent for little reward.

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Sammco Real Estate Appraisal Group

MARCH 8, 2015

Built-in appliances are considered to be real property and are required by FHA however; slide-in appliances such as a slide-in stove are considered personal property and therefore are not typically required by FHA. FHA does not require that all kitchen appliances be present. A built-in stove is required to be present.

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Appraisal Today

OCTOBER 27, 2023

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. I became well-known among appraisers, real estate agents, and others. specific rules on how to convert an ADU into a condo are being left up to each municipality.

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Boston Appraisal

JUNE 24, 2019

As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Let’s explore how solar panels and other green features add value to real property. How was the situation resolved?

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McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. Earn a designation or certification (16%). I hope to become a real property appraiser once my courses are completed.”

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Appraisal Today

NOVEMBER 20, 2022

NOTE: Please scroll down to read the other topics in this long blog post on State board complaints, non-lender appraisals, mortgage forecast, real estate market changes, unusual homes, mortgage origination stats, etc. ==. Shaped like baskets, carpets, and fish, you won’t believe these buildings are real.

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McKissock

FEBRUARY 16, 2021

To estimate the real property value for the purpose of one or more partners acquiring the interest of other partners in a proposed or existing building’s ownership. For real estate tax assessment purposes. To establish value of the real property in a bankruptcy filing. Material and information required.

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Appraisal Today

APRIL 2, 2023

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. URAR examples for various property types.

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Empire Appraisal Group

AUGUST 12, 2021

The agencies’ standards recognize situations when finished attics, garage conversions, and additions may be included in the gross living area, specifically when such improvements are accessible from the interior of the primary dwelling and have a permanent, sufficient heat source, as well as similar design and quality of construction.

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Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. As usual, in a real estate appraiser’s life, USPAP is always important. The importance of this cannot be overstated.

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