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Verification solutions provider Xactus acquires MassiveCert

Housing Wire

With the acquisition, Xactus will offer flood zone determinations to its clients by using its proprietary flood data and technology products, the firm said Wednesday. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed. Up until now, Xactus obtained data from third parties.

Insurance 308
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Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

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

Cleveland Appraisal Blog

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? Isn’t that all that appraisers do?

Appraisal 354
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Ethics is Our Solution

Appraisal Buzz

The mission of the valuation professional has always been as objectively as possible to evaluate a property and analyze data to provide credible results that users could rely on to solve problems relating to their specific needs. For all the value of technology, we would be wise to avoid mistaking these tools for the solution.

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What’s New in Appraisal Membership: June 2021

McKissock

In this job aid, we’ve compiled several recommendations shared by a hearing officer, a property assessor, and appraisers who regularly perform real property assessment appeal assignments. This job aid provides in-depth guidance on appraising a big box retail property. Job aid: Big Box Retail Valuations.

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

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Reconsideration of Value and Appraisers

Appraisal Today

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b)