Remove Inspection Remove Market Value Remove Property Appraisal Remove Reference
article thumbnail

Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. I still like to use the word “inspection”.

article thumbnail

Your Ohio Commercial Property Reassessment Cheat Sheet [2023 Update]

The Robert Weiler Company

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. And, how can property owners potentially challenge new property values?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

article thumbnail

What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. Free Download: Ready to launch your appraisal career?

article thumbnail

Decoding a Commercial Appraisal: Insider Insights

AmeriMac

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. After the inspection, the appraiser analyzes the data and prepares an appraisal report.

article thumbnail

Mortgage Term Glossary

Assurance Financial

After the introductory period ends, the rate adjusts based on the market rate on a set schedule. The first number refers to the length of the introductory period, while the second is how often the rate can adjust. The appraisal can be more than the price of the house or it can be less. Assessed Value. Fair Market Value.

article thumbnail

Appraisal-speak: New Assignment

Walitt Solutions

The issue related to a client’s request for a 1004D form: I received a request from a lender client to complete the 1004D Update Appraisal. I did the original appraisal four months ago. Remember that a value opinion can be communicated as a single-point number, a range, or relative to another figure.).