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

The Robert Weiler Company

Columbus, Ohio is home to many residential and commercial rental properties. 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. ” Why use a property manager?

Zillow Zinged

Cleveland Appraisal Blog

For years, Zillow Zesimates have been zinged by real estate professionals for creating angst in the market by their unsupportable value estimates. I appraised these four properties within the last month… PROPERTY 1. Type of property – Single-Family Residential.

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AQB adopts criteria changes

Valuation Review

The Appraiser Qualifications Board (AQB) recently adopted a new edition of the Real Property Appraiser Qualification Criteria. The Criteria set qualification standards for real property appraisers in the United States and provide continuing education guidelines for current appraisers to maintain their appraisal license

Is Now a Good Time to Become an Appraiser?

Appraisal Buzz

Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations.

The Official 2022-2023 USPAP Update Course Is Now Available Online

Appraisal Buzz

The Foundation is pleased to once again partner with McKissock to develop online versions of the real property 2022-2023 7-Hour National USPAP Update Course.

Ask an Appraiser

National Association of Realtors

Peter Gallo, Chair of the NAR's Real Property Valuation Forum presents a live form featuring a panel of residential, commercial, and review appraisers

ASC initiates appraisal standards, appraiser qualification criteria

Valuation Review

Legal 78

Racial Bias in Real Estate: Is it the Appraisers’ Fault?

Appraiserblogs

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.

Understanding the Most Common Real Estate Deeds in Colorado

The Colorado Real Estate Blog

Historically, when real property changed ownership, the seller brought the buyer a handful of dirt from the land to symbolize that the title was transferred. Colorado recognizes several different types of [ ] Real Estate Deeds Real Estate in Colorado

Legal 36

Advisory Opinion 16, a Game Changer?

Appraiserblogs

Advisory Opinion 16 is Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development and Reporting. The Appraisal Foundation has issued an exposure draft for Advisory Opinion (AO) 16.

Law 97

Appraisal bill would combat legacy of redlining

Housing Wire

Legislation in Congress would try to solve for inconsistencies in appraisal underwriting, a lack of diversity in the profession, and the legacy of property valuation discrimination.

Role Play: Appraisers and their Intended Uses

Appraisal Buzz

Unlike the dentist, we heat up our full appraisal pro and prepare to x-ray the property again, metaphorically speaking. But even with waivers, there will be a time when these properties need to be re-examined.

Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

So, you are getting ready to request an appraisal on a potential commercial property deal but have a few questions before you decide on what appraisal company to use. As appraisers’ we assemble facts, statistics, and other information on a specific property.

Working With Your Appraiser Helps Deliver a More Reasonable Value

Simonson Real Estate

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. Appraisals and Property Valuations

Real Estate Appraisals That Will Stand Up In Court, If They Had To – Minnesota

MN Real Estate Services

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved.

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders. For example, we analyze more than 2,500 data points to validate property data against appraised value.

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

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. What Property Should be Appraised?

Compass acquisition could worry some California agents

Housing Wire

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. Brokerage Proptech Real Estate California Association of Realtors Compass Glide MLS

Agents 329

Why Sellers Shouldn't Ask to See Inspection Reports

Eppraisal

Seller's Residential Disclosures The seller's residential disclosures that you'll most likely be filling out and signing are: a state residential real property disclosure report, a disclosure of information on radon hazards, a mold disclosure and a lead-based paint disclosure.

Revisiting Advisory Opinion 16

DataMaster

Real estate transactions should be bias-free. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting.

Law 85

Probate – proceed with caution

Annarbor Appraisal

A proper assessment of the value of the decedent’s real property is particularly difficult for the layperson anyone who is unfamiliar with real estate transactions. real estate Realtors Uncategorized Appraisal Appraiser probate sample variance

Remote online notarization is the proper path forward for digital closings

Housing Wire

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. In real estate transactions, notarizations must provide certainty for property transfer. In Japan, the word for “improvement” is kaizen.

Law 377

4 Ways to Motivate Your Commercial Appraisal Team

Real Quantum

It’s important that they are always challenged to learn a new skill, scope of work, property type, or technology. Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). 4 Ways to Motivate Your Commercial Appraisal Team.

Why Do Square Footage Disputes Arise?

Empire Appraisal Group

Many characteristics affect the appeal, marketability, and value of a property. Appraisers use three approaches to develop an opinion of the value of a home: The sales comparison approach looks at the subject property against similar, nearby recently sold properties.

Why price per square foot is not the appraisers choice

Annarbor Appraisal

Nothing is further from the truth, unless of course, all the comparable properties considered are within a couple square feet of each other and have the same quality and condition and are in the same immediate neighborhood with no variation in the value of the site.

What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. In addition, there is no obligation to buy the property in a lease-to-own arrangement.

Uncertain future, forgetting the past

Annarbor Appraisal

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. What about property taxes and their effect on affordability? real estate Realtors market on hold Trends

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

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?

5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Bradley says some real estate pros give her a spreadsheet of the multiple offers on the property. “We a residential real estate appraisal firm based in St.

Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

Are you a newcomer to buying commercial property for sale in Columbus, Ohio? retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips.

Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Why Is a Commercial Real Estate Appraisal Review Required?

How to Choose a Real Estate Appraiser

McCarthy Appraisal Blog

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. – Critical Question You Must Ask.

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Since the onset of COVID, market data remains sparse for certain property types. I was joined on the panel with Twin Cities appraiser, Josh Folland, MAI, CCIM with Valbridge Property Advisors and Gary Van Cleve, Shareholder at Larkin Hoffman moderated our discussion.

Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

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. Let’s explore how solar panels and other green features add value to real property.

Estate Appraisals in Massachusetts: Everything You Need to Know

Boston Appraisal

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. To do so, they need the assistance of a professional real estate appraiser.

FHA Kitchen Requirements

Sammco Real Estate Appraisal Group

Built-in appliances are considered to be real property and are required by FHA however; slide-in appliances such as a slide-in stove are considered personal property and therefore are not typically required by FHA. This item is often overlooked on ‘flip’ properties where a kitchen has been remodeled but no dishwasher was installed in the intended opening. FHA does not require that all kitchen appliances be present.

Three Types of Commercial Real Estate Obsolescence

Property Metrics

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. As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . Properties that do not have these features could be well on their way to becoming functionally obsolete.

Is Property Appraisal an Art or a Science?

AmeriMac

A property appraisal is a process of estimating the value of real estate. Every property is unique for many reasons, the location being one of them. Describing a particular real property and collecting data relative to supply and demand are the appraiser’s responsibilities.

Everything You Need to Know About the Texas Seller’s Disclosure

Hood Homes Blog

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) Updated 9/23/2019; Originally published 4/9/2018. Takeaways.