Housing Wire
MAY 21, 2024
Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.
Cleveland Appraisal Blog
MAY 27, 2021
While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. If a homeowner hires the appraiser to appraise a home, the appraiser’s legal duty is to the homeowner, since they are the ones who hired the appraiser. . MULTIPLE BIDS.
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Housing Wire
NOVEMBER 23, 2020
The report notes that widespread foreclosure moratoria in place do not apply to legally vacant or abandoned homes. In addition, the foreclosure sales rate is at a seven-year high, and REO bids-per-asset are at an all-time high. . year high in September.
Housing Wire
OCTOBER 10, 2023
More than a dozen industry pros and attorneys told HousingWire that RESPA rules are unclear, leaving violations to flourish in a shrinking market. One can’t spend more than the reasonable market value, must also use these services and actually receive them. However, the Freedom case represented a “wakeup call.”
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.
Cleveland Appraisal Blog
APRIL 23, 2021
Decisions are best made when a person is “of sound mind and body” and can have their decisions legally documented. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio.
Lamacchia Realty
JANUARY 4, 2022
A buyer’s agent will be familiar with local real estate market values and can negotiate a fair offer for the home. They, along with your attorney , will also help you navigate through all the legal paperwork involved in purchasing a home.
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