Cleveland Appraisal Blog
APRIL 21, 2022
Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. Have a great weekend!
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McKissock
SEPTEMBER 10, 2020
Business components in special purpose properties are often referred to as “intangibles.” Below, we provide an overview of intangibles and outline six special purpose property tips for appraisal reviewers. Special purpose property tips. Value in use requires considering the business as a going concern. Intangibles.
McCarthy Appraisal Blog
SEPTEMBER 4, 2018
The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Ask them for their resume and a list of two or three references. The references should be current or previous clients, and at least one should be from the community.
Walitt Solutions
MAY 24, 2024
My market value conclusion came in below the purchase contract price. Now, a few weeks later, the parties have signed an addendum to the contract to match my value conclusion; the client has sent me that addendum. So, the contract price changing does not require the appraiser to consider this situation a new assignment.
Simonson Real Estate
DECEMBER 6, 2022
Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.
Property Metrics
DECEMBER 10, 2021
1031 Exchange” is a colloquial reference to Section 1031 of the United States Internal Revenue Code (26 U.S.C 1031 ), which defines the conditions for tax deferral on the sale of real estate. No “Boot” : Boot refers to any non-like kind property received in a 1031 exchange. What is a 1031 Exchange?
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