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. This means on a $250,000 property, you’ll have to have a minimum of $37,500 in cash for the banks to even consider a loan.

Investing 332

Investing Renovations Landlords Real Estate 332

Eppraisal

FEBRUARY 7, 2023

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

Development 69

Development Sellers Legal Home Value 69

McKissock

SEPTEMBER 20, 2021

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. This includes “opinions of real property value or price.”

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

The Robert Weiler Company

SEPTEMBER 30, 2020

It isn’t clear who owns the appraised property. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Further, a property appraisal reviewer should have experience with the type of property that the professional is reviewing.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

Appraisal Today

APRIL 1, 2023

Appraisers are often subpoenaed in legal disputes involving third parties, usually being tied to the dispute for no other reason than having appraised a property involved in the dispute. This statement definitely applies in the appraisal of real property. Is it always dollar for dollar? Sometimes it is.

Appraisal 52

Appraisal Business Marketing Agents 52

The Robert Weiler Company

OCTOBER 15, 2021

In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing. Department of the Treasury increased the threshold for requiring an appraisal when obtaining financing for a commercial property for sale. 1031 Exchanges.

Investing 138

Investing Real Estate Tenants Investors 138

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. It is beneficial and can save time and avoid follow-up questions and scope of work revisions to identify the actual property to be appraised. Value Scenarios.

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Appraisal Process Appraisal Market Value Tenants 148

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. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

NOVEMBER 30, 2023

The selected additional course will serve to expand your knowledge in the areas of economics, sales, persuasive communications, workplace collaboration, and/ or corporate finance. For the additional course, choose from topics such as economics, workplace collaboration, communications and persuasion, and sales and corporate finance.*

Real Estate 421

Real Estate Real Estate Agent Law Inspection 421

McKissock

FEBRUARY 16, 2021

To aid the financing of an existing or proposed building. 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 examine the feasibility of creating a new facility.

Appraisal 96

Appraisal Tenants Construction Renovations 96

The Robert Weiler Company

SEPTEMBER 7, 2022

A land contract is a legal agreement used to purchase real estate through owner financing. A land contract is similar to a mortgage but instead of borrowing funds from a bank or lender, the buyer borrows from the real estate owner. Landowners’ payments from farming leases can help cover management expenses (e.g.,

Marketing 78

Marketing Real Estate Investing Retail 78