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Things To Remember About Tax Appeals

Cleveland Appraisal Blog

As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. It should be no surprise that assessed home and land values are increasing. If a home needs major repairs, clearly this can have a negative impact on market value.

Appraisal 217
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Reconsideration of Value and Appraisers

Appraisal Today

For example, you don’t want your appraisal for the executor being used by a beneficiary down the road to sell the property to someone. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.” But not one at a time. How does this affect you?

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Equity-rich is defined as the combined estimated amount of loan balances secured by property owners that are no more than half of their estimated market value. Inventory is slowly declining, with less than a third of the homes remaining on the market after much fanfare when the project was unveiled in 2018.