Housing Wire

SEPTEMBER 13, 2023

Legislative priorities “From its building located steps away from the United States Capitol, NAR advocates for federal policy initiatives that strengthen the ability of Americans to own, buy and sell real property,” NAR says on its website. Taxes, finance, insurance, and consumer product safety round out the top five.

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Realtors Insurance Legal Real Estate 399

Housing Wire

OCTOBER 23, 2023

The valuator needs to understand ownership structure, ownership compensation, corporation type, operational metrics, agent productivity, lease obligations, employee roster, affiliated services relationships, market share, and most importantly financials, among a comprehensive list of items and information.

Real Estate 380

Real Estate Brokerage Valuation Contracts 380

Housing Wire

APRIL 27, 2021

It would seek to solve problems in the appraisal industry, such as determining collateral value in areas where there is limited market activity, and identifying barriers of entry to the profession for minorities. Once formed, the task force would “harmonize” collateral underwriting standards, the bill reads.

Appraisal 397

Appraisal Valuation Design Real Estate 397

McKissock

MAY 26, 2023

How can you bolster your appraisal business during a slow real estate market? This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?” What’s the BEST way to survive a slow real estate market? Read the full survey results below.

Real Estate 64

Real Estate Appraisal Marketing Business 64

Housing Wire

NOVEMBER 2, 2022

Once the home arrives on site and is placed on a permanent foundation, it becomes a real property and is able to be financed through a mortgage. million Americans have a chattel mortgage, which accounts for 42% of the manufactured market, according to the Consumer Financial Protection Bureau (CFPB). Presented by: CreditXpert.

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Mortgage Finance Real Property Buyers 405

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

Cleveland Appraisal Blog

MAY 26, 2023

They will analyze market conditions and they will look for comparable sales that have sold in the area of the subject property in recent months. They then use a price-per-square-foot method to determine the asking price for the property. If they end up too high, the home will likely sit on the market until the price is reduced.

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Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

DECEMBER 7, 2023

And then they will impersonate the property owner. They’ll create a fake, government-issued document like a driver’s license or a passport that has all the credentials of the real property owner except for the bad actor’s picture on. And then months and even years later, the real property owner learns of it.

Real Estate 460

Real Estate Sellers Technology Real Estate Agent 460

Housing Wire

MARCH 31, 2022

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives.

Real Estate 364

Real Estate Human Resources Technology Clients 364

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.

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Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

JUNE 23, 2023

Before buying land, consider the market trends and pricing in the area, and conduct a cost-benefit analysis to determine if the land’s value is worth the investment. As a real property appraiser, I think these tips can really help if you’re looking to purchase land. How much does it cost?

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Property Taxes Legal Law Property Appraisal 195

McKissock

MARCH 17, 2023

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

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Appraisal Training Property Appraisal Real Property 97

Housing Wire

APRIL 26, 2021

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

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Agents Brokerage Real Estate Agent Realtors 381

Cleveland Appraisal Blog

JANUARY 19, 2023

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. Sometimes, this is a difficult question.

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Appraisal Buyers Transportation Real Estate 284

Town & Country Residential Appraisals

MARCH 27, 2023

Moving it would mean it wasn't attached to a permanent foundation and therefore, is viewed more as personal property and not real property. Additionally, the manufactured home must be a one-unit dwelling that is legally classified as real property and cannot include an accessory dwelling unit.

Finance 56

Finance Real Property Legal Buyers 56

Cleveland Appraisal Blog

JUNE 30, 2023

Check out local markets and shops to know the community and support local businesses. While this article was not about real property or appraising, appraisers do help people who are relocating. Discovering Your Environment To make a new city feel like home, you must explore and discover your surroundings. Sage advice!

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Real Estate Agent Appraisal Bracketing Decorating 241

Housing Wire

JUNE 9, 2021

HousingWire recently spoke with Jim Albeertelli, CEO of Voxtur, about the company’s r ecent acquisition and launch of an automated workflow management platform for the global market. HW: What are some of the current challenges regarding property tax assessment?

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Appraisal Property Taxes Technology Valuation 417

McKissock

AUGUST 6, 2021

To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Real property appraiser qualification criteria*. * ??Hours Some states require you to earn a college degree , but some don’t.

Appraisal 101

Appraisal Real Property Property Appraisal Training 101

McKissock

FEBRUARY 7, 2023

To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Many states have different titles for trainees, such as apprentice appraiser or registered appraiser. It’s really up to you.

Appraisal 52

Appraisal Real Property Property Appraisal Training 52

Cleveland Appraisal Blog

DECEMBER 10, 2022

If you’re going to go for an unusual look, make it easy to undo before putting your home on the market. #6 However, I have never found that an annoying neighbor really has any impact on market value. In 2023, I am going to work on providing some blog posts that focus more on the Cleveland market. 6 Overuse of carpeting.

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Appraisal Buyers Renovations Investing 298

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.

Appraisal 78

Appraisal Real Estate Appraisal Process Real Property 78

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. I used the best market data that I could find. I did have good market data for developing the value of the land. And the property being appraised had not been built yet.

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Development Appraisal Market Value Valuation 337

Town & Country Residential Appraisals

MAY 8, 2023

For example, if the contract includes provisions for concessions, non-real property items included in the sale, or other unusual conditions, the appraiser may need to comment on these provisions in the appraisal report to explain why there is a difference between the indicated market value of the subject property and the contract price.

Contracts 54

Contracts Appraisal Real Estate Property Appraisal 54

Eppraisal

FEBRUARY 7, 2023

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

Development 69

Development Sellers Legal Home Value 69

Housing Wire

NOVEMBER 9, 2020

At the county level, the Uniform Law Commission in 2004 promulgated the Uniform Real Property Electronic Recording Act (URPERA), representing a model statutory framework to provide county clerks and recorders the authority to accept electronic recording of real property instruments. To date, 37 states and U.S.

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Law Legal Technology Real Estate 468

Cleveland Appraisal Blog

JANUARY 12, 2023

Write down everything, from how you plan to market your products in this new area to how your company will be structured and how much money you will need to get the ball rolling. How Was The Housing Market in 2022? When many people think about how to start a company, one of the best pieces of advice is to create a business plan.

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Appraisal Business Investing Housing Market 304

McKissock

FEBRUARY 1, 2022

Hours required include specific curriculum course and hours—please see the Real Property Qualification Criteria for details. A higher appraisal license level gives you: An advantage in your local market. Bachelor’s degree or higher (in any field). Must be from an accredited college or university.

Appraisal 82

Appraisal Real Property Real Estate Marketing 82

McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

McKissock

OCTOBER 8, 2021

Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. Income will also grow for appraisers who gain experience, upgrade license levels , and demonstrate expertise in certain markets and specialties. Ready to become an appraiser?

Appraisal 74

Appraisal Real Estate Technology Property Appraisal 74

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Sellers 385

Sellers Real Estate Realtors Real Estate Agent 385

Appraisal Buzz

OCTOBER 10, 2022

Many advances have been made over the years to enhance techniques for developing real property valuations. Forty plus years ago I was taught to use building residual techniques to develop investment property valuations. Where does one go to question or clarify AVMs?

Valuation 74

Valuation Tools Development Technology 74

McKissock

APRIL 30, 2021

Sales due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than the property’s market value. Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. Non-arm’s length sale. Arm’s length sale.

Market Value 88

Market Value Real Estate Appraisal Sellers 88

McKissock

OCTOBER 20, 2020

Real property appraiser qualification criteria*. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details. The minimum requirements set by the AQB are summarized in table below. Individual states may have stricter requirements.

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Appraisal Property Appraisal Real Estate Real Property 93

Housing Wire

SEPTEMBER 8, 2022

A coalition of 21 affordable housing groups on Wednesday said Fannie Mae and Freddie Mac made important improvements to their plans to offer housing financing in underserved markets, but still have a ways to go. We are continually evaluating what opportunities exist to do more in support of underserved markets.”.

Real Property 397

Real Property Finance Mortgage Marketing 397

McKissock

SEPTEMBER 10, 2020

Again, an appraiser looking to specialize in these property types, should become very familiar with the ongoing litigation related to properties with intangibles. Special purpose property tips. Before you accept a review appraisal assignment for a special purpose property, here are some tips to guide your decision: 1.

Appraisal 54

Appraisal Valuation Real Estate Design 54

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.

Appraisal 78

Appraisal Valuation Real Property Sellers 78

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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Inventory Appraisal Real Property Property Appraisal 344