Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. So what can we do? That’s what I use.

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Business Appraisal Real Estate Agent Clients 393

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

Most people know that appraisals need to be completed for lending purposes. But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? We would be more than happy to help you with all of your real estate valuation needs.

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Appraisal Renovations Real Estate Valuation 50

Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

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Appraisal Appraisal Process Real Property Real Estate 78

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Renovation loan assessments.

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Appraisal Inspection Property Taxes Easement 105

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. Things like cracked tiles, broken fixtures or an outdated countertop can add up to thousands less in your home valuation.

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Appraisal HOA Easement Valuation 126

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. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. You’re just dumbing down the standards to make the loan.”.

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Appraisal Real Estate Agent Valuation Real Estate 78

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. Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. You’re just dumbing down the standards to make the loan.”.

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Appraisal Real Estate Agent Valuation Real Estate 78

AmeriMac

NOVEMBER 30, 2023

It plays a significant role in several aspects, from buying and selling to lending purposes. Appraisers gather data on comparable properties, sales comparisons, income approaches, and market conditions to ensure a thorough valuation. It is advised to consult a certified appraiser specializing in appraising apartment buildings.

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Appraisal Real Estate Appraisal Process Inspection 36

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. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

Aedis Appraisals

JANUARY 12, 2018

Precise estimates of renovation and improvement values. Valuation of vacant lots and land. Commercial entity valuations. Tax disputes and valuations. Adjustments to past valuations. Income-based evaluations for revenue-generating structures. Vacancy rate analyses. Depreciation reports. Business loans.

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Real Estate Appraisal Valuation Legal 36

Dart Appraisal

OCTOBER 26, 2020

With the ebb and flow of the virus apparently set to last for some time, it’s impossible to predict the long-term implications on home valuations or overall mortgage lending volumes, with respect to both new- and existing-home sales as well as refinancing. economy and society.

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Inspection Appraisal Renovations Lending 28

AmeriMac

JUNE 14, 2021

The information that you gain from a commercial appraisal is important whether you own, manage, sell, lend money or invest in commercial real estate property — often forming the basis of any business decisions about specific parcels of property. Estimating value for a construction or renovation project.

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Appraisal Real Estate Appraisal Process Valuation 36

AmeriMac

JUNE 14, 2021

The information that you gain from a commercial appraisal is important whether you own, manage, sell, lend money or invest in commercial real estate property — often forming the basis of any business decisions about specific parcels of property. Estimating value for a construction or renovation project.

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Appraisal Real Estate Appraisal Process Valuation 36

AmeriMac

JUNE 14, 2021

The information that you gain from a commercial appraisal is important whether you own, manage, sell, lend money or invest in commercial real estate property — often forming the basis of any business decisions about specific parcels of property. Estimating value for a construction or renovation project.

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Appraisal Real Estate Appraisal Process Valuation 36

AmeriMac

APRIL 15, 2024

This is because the appraisal helps the lender ensure that they are not lending more money than the home is worth. Recent home improvements: Provide documentation of any recent home improvements, such as renovations or upgrades, along with the associated costs. Regular appraisals can aid in tracking your property’s worth.

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Appraisal Appraisal Process Real Estate Renovations 36

Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Real Estate valuation can be a complex exercise in problem solving. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Progress in Revision Rates.

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Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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Appraisal Process Real Estate Appraisal Renovations 78

Realvals

JUNE 18, 2023

The LTV is a percentage that represents the amount of money to lend compared to the value of the home. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. This independent valuation helps divide assets and avoid disputes in the divorce proceedings.

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Appraisal Property Taxes Real Estate Market Value 145

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

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Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. I’m grateful that nearly half of my work these days is not for lending purposes. It is free to visit. That makes for a fun place to go on a budget.

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Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Never use a lending form (such as a 1004) for estate work. My comments: MORTGAGE LENDING IS VERY SLOW NOW. baths, 2,973 sq.ft.,

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Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. . == Glorious Gilded Age Mansion for $29.9M Is Washington DC’s Most Expensive Home Excerpts: Completed in 1881, the 23,600-square-foot mansion is divided among commercial spaces on the first two floors.

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Easement Contracts Appraisal Inspection 52

Appraisal Today

SEPTEMBER 29, 2023

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. The GSEs started keeping track in 71.

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Clear Capital

NOVEMBER 30, 2021

billion in November, which is half of the valuation, of course of Smart Rent, which we’re just talking about. They are a digital lending platform. Yeah, they just sold for $1.2 But still a chunk of change. And they describe themself as a developer of the mobile-first home ownership platform. But that’s mobile first.

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Landlords Real Estate Tenants Investing 69