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.
McKissock
APRIL 30, 2021
As a real estate appraiser, whether you’re considering the current terms of sale or analyzing previous sales of the subject property or comparable sales, it is imperative to know whether a sale is an arms-length transaction or a different type of sale. Non-arm’s length sale. Arm’s length sale.
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Cleveland Appraisal Blog
JANUARY 19, 2023
The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. What about financing?
Cleveland Appraisal Blog
NOVEMBER 11, 2021
One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. Just think how much more difficult it would have been to flip in a declining market.” My opinion of value – $345,000.
DataMaster
JUNE 15, 2023
The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Those investors (borrowers) are going to want to seek financing for the purchase transaction or to support a refinance.
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. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Values. Prospective Market Value As Completed and As Stabilized.
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.
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