Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

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Cleveland Appraisal Blog

MAY 17, 2024

For a highly experienced State Certified Residential Real Estate Appraiser, contact Aspen Appraisal Services today! I enjoy writing and would like to focus on providing articles that I write and including more market stats for the areas of Northeast Ohio that I appraise in. So, thank you to Tina and all my former guest bloggers!

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Renovations Appraisal Logistics Decorating 323

Cleveland Appraisal Blog

JUNE 30, 2023

To ensure suitability, research neighborhoods, read reviews, and consult locals or real estate agents. Always visit the property before signing any agreement, and create a comprehensive list of priorities such as safety, proximity to work or public transport, access to amenities, and budget to aid decision-making. Sage advice!

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate. Call today!

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Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? 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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Appraisal Market Value Legal Property Appraisal 354

Property Metrics

MAY 28, 2021

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

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Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy. Regards, Mitchell Simonson, MAI.

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Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

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McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Business components in special purpose properties are often referred to as “intangibles.” Dated sales/changed market. Intangibles. Not “value in use”. Second generation use.

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Appraisal Valuation Real Estate Design 54

Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Please join us on Wednesday, July 15th at 2:30 p.m.,

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McKissock

JUNE 22, 2021

Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Assessment appeal work provides a great opportunity to diversify your appraisal practice as local taxing authorities receive numerous complaints about overvalued real estate properties.

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Reconsideration of Value Appraisal Real Estate Retail 52

The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips.

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Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority.

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Appraisal Real Estate Valuation Market Value 78

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Questions we should ask ourselves. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

Empire Appraisal Group

JULY 1, 2021

Appraisers are an integral part of the real estate sales process. It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. a residential real estate appraisal firm based in St.

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Agents Appraisal Real Estate Realtors 78

McKissock

JULY 2, 2021

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. ” CE Course: For in-depth information on appraising solar panels, enroll in our new CE course, Valuation of Residential Solar.

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Appraisal Transportation Technology Real Estate 97

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. which can relate to valuation.

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Annarbor Appraisal

JUNE 6, 2019

Notice how the smaller houses measured with the moving average trend line, are sold for quite a bit less than those that encompass the entire market (in this case, a school district). Therefore, the median price would be expected to be half for the smaller houses than the market as a whole, but that is not the case.

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Appraisal Valuation Real Property Sellers 78

Simonson Real Estate

DECEMBER 6, 2022

Our goal is helping our clients make sound investment decisions and solve real estate problems to achieve their financial and business goals. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.

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Real Quantum

JUNE 8, 2022

with over 18,000 members worldwide, representing highly-decorated real estate appraisers. The experience and education needed for MAI designation exceed the requirements for state certification, and this is why professionals certified as MAIs are widely considered to be the leading experts in the field of real estate appraisals.

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Design Appraisal Real Estate Decorating 68

Cleveland Appraisal Blog

NOVEMBER 11, 2021

Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. They are excellent at marketing. Just think how much more difficult it would have been to flip in a declining market.”

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Market Value Valuation Appraisal Real Estate 364

McKissock

NOVEMBER 3, 2020

The existing population of licensed and certified appraisers is aging—and in some markets, shrinking. Or she might have knowledge of a market with which you’re less familiar. Or is there too much variation across the market? Q: Is it fairly easy to find potential appraisal trainees, in most markets? Refer a friend.

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. FIRREA and Bank Guidelines Interagency and Evaluation Guidelines SBA Appraisal Requirements.

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Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MAY 9, 2024

GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. The average days on the market for single-family homes was 21 last month, slightly longer than last year. 4% higher last month than a year ago.

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Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Real Estate Appraisal Valuation Training 178

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Housing market trends for 2022. So, many markets may cool off.”. Tampa, Fla.),

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Boston Appraisal

JUNE 24, 2019

As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Real Estate Market Value Technology 78

East Coast Appraisal

OCTOBER 18, 2021

As the seller, you likely want a real estate appraiser who will provide an impartial opinion based on your current home's condition and the prices of other properties in your location. You may want to hire an appraiser who has appraised properties in your location. The real estate industry has many types of appraisers.

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Empire Appraisal Group

JULY 28, 2022

It is in our interest, as competent real estate professionals, to be aware of the ever-changing valuation landscape so that we can help our clients better understand the appraisal and financing process. Broad adoption of the ANSI standard by the secondary mortgage market would reduce confusion. Craig Morley.

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Agents Appraisal Valuation Realtors 78

Appraisal Today

APRIL 2, 2023

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo.

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Contracts Appraisal HOA Architecture 52

Empire Appraisal Group

AUGUST 12, 2021

Many characteristics affect the appeal, marketability, and value of a property. Note: Floor plan functionality may affect marketability and value. From an appraiser’s perspective, however, areas excluded from the calculation may still contribute substantially to the appeal, marketability, and value of the property.

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Sellers Appraisal Development Buyers 78

Appraisal Today

JUNE 24, 2022

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. Two Trends Slowing Housing Market Normalization. June 20, 2022.

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