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. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise.

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Housing Wire

FEBRUARY 7, 2023

The year ahead for the mortgage-servicing rights market is shaping up to be a lucrative play for investors, lenders and others looking to purchase MSR assets. Independent mortgage banks (IMBs) leaning on MSR sales, however, now face a supply-demand imbalance, market observers say. These differences can cause volatile MSR values.

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Housing Wire

MAY 25, 2021

Under this framework, mortgage investors like the GSEs would secure valuable data to inform their critical risk models that keep our housing ecosystem safeguarded. In the traditional appraisal model, we ask appraisers to perform every single component of the valuation process. And appraisal waivers would be informed, not blind.

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Housing Wire

NOVEMBER 23, 2020

Steve Price, senior vice president of trustee operations at Auction.com, said this is likely because of the shift to vacant or abandoned properties that often come with more deferred maintenance – but the average price relative to estimated full market value increased to a 6.5-year year high in September.

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The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value.

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Simonson Real Estate

DECEMBER 6, 2022

Lenders work with real estate investors and owners of small, medium and large businesses (borrowers) to help them secure financing to purchase and refinance real estate that fit their investment criteria and fulfill their business needs. Clarify What Value or Values are Needed.

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Appraisal Hub

DECEMBER 22, 2021

With a home appraisal, you can position yourself more confidently in the market. The purpose of a property appraisal is to determine the real market value of your home. Appraisals and valuations determine the market value of the property. The market value of properties changes over time.

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Real Estate Appraisal Property Appraisal Market Value 78

Realvals

JUNE 18, 2023

An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. An appraisal will provide you with the current market value of your real estate.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

APRIL 12, 2023

Challenging Your New Commercial Property Value (and Tax Rate) with a Commercial Property Reassessment During the reassessment year, final property valuations are typically set by the late fall; however, many residential and commercial property owners will receive an initial tentative valuation in the mail.

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Property Appraisal Property Taxes Real Estate Valuation 148

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.  This licensed professional is generally more competent to do such a valuation than most real estate agents.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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The Robert Weiler Company

SEPTEMBER 16, 2021

The goal of a real estate valuation is to pinpoint the price and value of a property. The most critical factors for commercial property investors are not the same as the typical home buyer. The product of the real estate valuation – the commercial appraisal report – establishes the property’s value at a specific point in time.

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Real Estate Appraisal Property Appraisal Valuation 147

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. The introduction of STRs presents a profitable opportunity for investors of all kinds. Those investors (borrowers) are going to want to seek financing for the purchase transaction or to support a refinance.

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AmeriMac

APRIL 30, 2024

For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property. Lenders and investors also rely on commercial appraisals to make informed decisions about financing and investments. The commercial appraisal process typically takes a few weeks to complete.

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Appraisal Appraisal Process Valuation Real Estate 36

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. Therefore it should apply to investor units and LLCs.

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Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. This can’t have the possibility of ever going wrong.

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AmeriMac

APRIL 15, 2023

We will also discuss the various factors that impact commercial real estate valuations. The appraisal is performed by a third-party appraiser who takes into account the potential earning power of the property, as well as any other factors that could influence its value.

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Realtor

JANUARY 23, 2018

Blackstone and its lender, Deutsche Bank AG, settled on a sort of drive-by valuation done by real-estate agents that are more cursory and cost far less than traditional appraisals. Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages.

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Realtor

JANUARY 23, 2018

Blackstone and its lender, Deutsche Bank AG, settled on a sort of drive-by valuation done by real-estate agents that are more cursory and cost far less than traditional appraisals. Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages.

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Appraisal Real Estate Agent Valuation Real Estate 78

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. And then to complicate things even more, there’s the investor segment of the market.

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AmeriMac

MAY 24, 2023

Additionally, we’ll discuss valuation approaches and strategies used by commercial appraisers to determine a property’s worth. Certified appraisers use different methods to determine the value of a commercial property, such as the cost approach, income approach, and sales comparison approach.

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Cleveland Appraisal Blog

MARCH 18, 2021

The property had been purchased for a price in the mid 50’s by an investor, two months prior to my appraisal. I was told by the investors, in an email that they sent me, that since they purchased the property two months ago, they updated the kitchen and bathroom, installed new flooring, a new furnace, and a new roof.

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Appraisal Investors Buyers Market Value 195

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. The introduction of STRs presents a profitable opportunity for investors of all kinds. Those investors (borrowers) are going to want to seek financing for the purchase transaction or to support a refinance.

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The Robert Weiler Company

JULY 6, 2021

Classification is a way to differentiate specific market features for investors. Commercial real estate investors are usually looking for a specific class of property for their capital. These buildings are the latest and greatest in state-of-the-art warehouse rentals and attract high-quality investors and tenants alike.

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AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. What Is an Appraisal?

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McKissock

JULY 11, 2022

There are occasions when the income approach can be the primary indicator of value for residential properties, such as developments with a high percentage of homes owned by investors. Performing the cost approach and citing its importance in our reports helps keep appraisers in the valuation game.

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Appraisal Partners Blog

NOVEMBER 27, 2019

The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. Generally speaking, for investors, one difficult area of buying properties comes in the negotiation with the homeowners or the estate agents. It’s an excellent idea to get an appraiser to give you a valuation report.

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Clear Capital

MARCH 17, 2022

From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. Appraisal photos help lenders verify the condition of the property and ensure the value is supported in line with their investor guidelines. FHA Appraisal Photo Requirements.

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Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. For many years, I have been saying that rural appraisers will always be needed.

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The Robert Weiler Company

MARCH 15, 2021

When it comes to how to find specialty properties, the beauty is in the eye of the investor. We work hand-in-hand with the investor to give them community demographics, comparables, and potential growth. Research the specialty property appraisals of those sales and adjust to current dollar values.

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Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations. A liquid asset is one that can be sold immediately at market value. Interest Rate Risk.

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Appraisal Today

APRIL 14, 2023

At some point it’s no longer “normal market value minus cost to cure equals as-is value.” It is one environment where residential appraisers are still valued. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons.

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Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence. ” Economic Obsolescence.

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Property Metrics

FEBRUARY 2, 2023

How To Calculate The Loan To Value Ratio To calculate the loan to value ratio, the lender must first estimate the value of the property. In most cases, the lender will hire a third-party appraiser to provide a valuation of the property under consideration. This value will then be used to calculate the loan to value ratio.

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Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

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Quicken Loans

JUNE 3, 2021

If the property meets the company’s criteria, the iBuyer takes the information the homeowner uploaded about the home and uses Automated Valuation Models (AVMs) to estimate the property’s value. iBuyers insist that these calculations provide them with fair market values of homes.

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Property Metrics

JUNE 15, 2021

There are two ways to do this: The Net Present Value (NPV) Method : The NPV approach considers the present value of all future after-tax cash flows and discounts them back to the present time using the investor’s required rate of return. A rational actor would choose the option with the highest NPV.

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