Cleveland Appraisal Blog
JUNE 18, 2022
Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. About the Author.
Lamacchia Realty
APRIL 10, 2024
In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. How this can Decrease Value : Many people believe that in-law apartments automatically increase the value of a home, but it is just not the case.
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Cleveland Appraisal Blog
AUGUST 11, 2022
For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.
Lamacchia Realty
AUGUST 12, 2021
Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster. How Much Time Do They Take to Renovate?
The Robert Weiler Company
OCTOBER 21, 2022
The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?
Property Metrics
AUGUST 13, 2020
A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value. The degree of illiquidity varies according to location, property type, and market cycle. Liquidity Risk.
Realvals
JUNE 18, 2023
By providing clear evidence of the value of your assets, you can help avoid disagreements among your loved ones after you’re gone. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. An appraisal can assist you in determining the value of real estate, personal items, and business interests.
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