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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With a few quick online searches, in most areas, you can find the parcel number, legal description, and even some potentially comparable sales. Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. Both require a skill.

Appraisal 302
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John Davis files racketeering suit against Gary Keller

Housing Wire

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers.

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What Is A Home Appraisal?

DataMaster

Many people don’t understand home appraisals and how appraisers are legally bound to operate. An appraisal is an unbiased valuation of the fair market value of a home. Appraisers are highly educated and well-trained. We must look at the market analysis and where we are coming from. But still, he was baffled.

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Hybrid Appraisals and the Associated Risks

Boston Appraisal

They are not required to complete any appraisal education, nor are they trained in the same manner an appraiser is. Even though the appraiser doesn’t perform the first stage of the process, they are asked to determine a property’s fair market value without being allowed to conduct first-party research.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

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.

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Questions to Ask When Choosing Your Appraiser

Appraisal Hub

Some of the best ones are regularly hired by regional companies, financial firms, lenders, and law firms to provide appraisals for their clients, to facilitate legal actions, real estate transactions, and more. Certified appraisers are trained to provide appraisal services for all property types and values. Are you certified?