Cleveland Appraisal Blog

NOVEMBER 11, 2021

However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. ” I wonder what would have happened if they had hired appraisers to appraise the homes they were buying, and relied upon a professional real property appraisers’ opinion of value when making their decisions?

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Appraisal Property Appraisal Real Estate Valuation 364

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Have a great weekend!

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Simonson Real Estate

JUNE 22, 2020

How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? for our Biznow webinar on “ Appraisals, Valuations and Taxes : How to Value Buildings Using Rapidly-Changing Information, ” as we discuss these issues and more. About the Authors.

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Real Estate Appraisal Valuation Property Taxes 146

Housing Wire

JUNE 9, 2021

This allows for a more objective analysis and better compliance, and often translates to a more efficient process with faster turn times, which allows buyers and sellers to transfer real property more cost effectively and with confidence. HW: What are some of the current challenges regarding property tax assessment?

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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.

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Appraisal Real Estate Property Appraisal Valuation 177

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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Appraiserblogs

MARCH 3, 2023

Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie Mae is explicitly working toward the elimination of appraisers for real property valuations.

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Appraiserblogs

FEBRUARY 21, 2022

NAR Bifurcation Position Is a Good Thing I reread last week’s post in Appraiserville: “NAR Real Property Valuation Committee Issues Position On Bifurcation” and felt I left…. Public Trust If the ASC grants the request for appraisal waivers, the precedent will have been set for other banks to follow.….

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Appraisal Real Estate Real Property Valuation 132

National Association of Realtors

DECEMBER 24, 2021

NAR’s Real Property Valuation Committee and leadership from NAR’s Fair Housing Policy Committee participated in a listening session with the Biden Administration’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).

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Appraisal Buzz

OCTOBER 10, 2022

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

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McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

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Appraisal Property Appraisal Appraisal Process Real Estate 87

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Value Scenarios.

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National Association of Realtors

JULY 19, 2022

NAR wrote to the Appraiser Qualifications Board of the Appraisal Foundation urging it to revise the real property appraiser qualification criteria to require fair housing and valuation bias training for both qualifying and continuing education.

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Property Appraisal Appraisal Real Property Valuation 53

National Association of Realtors

MARCH 18, 2021

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

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Appraisal Real Property Valuation 73

Cleveland Appraisal Blog

JUNE 30, 2023

While this article was not about real property or appraising, appraisers do help people who are relocating. I also perform a fair number of appraisals for folks out of state who would like to either move to the Cleveland area and need to know the value of a property they would like to purchase. Sage advice!

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Appraisal Hub

JANUARY 3, 2023

If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. Real estate appraisers work to assess the value of land, estates, and other pieces of real property. How Do I Become a Real Estate Appraiser? What Does an Appraiser Do?

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McKissock

AUGUST 4, 2022

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common. This topic is one of my favorites to present, and I am appreciative of the opportunity to do so at Valuation Expo.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

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) 10 Tips to Avoid a Low Valuation – Lori Lovely with HomeLight.

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Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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Appraisal Appraisal Process Real Estate Real Property 78

Valuation Review

JUNE 7, 2023

The Appraiser Qualifications Board’s Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria is available for public comment.

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Property Appraisal Appraisal Real Property 60

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

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The Robert Weiler Company

SEPTEMBER 30, 2020

A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. Who Conducts Commercial Real Estate Appraisal Reviews? Licensed and qualified real estate appraisers typically perform appraisal reviews.

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McKissock

JANUARY 4, 2022

Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details. I enjoy the valuation business but feel I am limited in my work as a trainee or licensed appraiser. more stringent) than AQB criteria.

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Cleveland Appraisal Blog

JANUARY 19, 2023

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. How about underimproved? What do these things indicate?

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MN Real Estate Services

FEBRUARY 4, 2017

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. You contact Minnesota Real Estate Appraisal Services LLC in Minnesota and get them to do an Appraisal that both parties can trust.

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Real Estate Appraisal Real Property Valuation 78

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. Craig Morley, GAA, MNAA, is owner and managing partner of Accurity Valuation–Morley & McConkie LC in St. Craig Morley.

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East Coast Appraisal

OCTOBER 18, 2021

Some of the licenses federal law might require include Certified General Real Property Appraiser and Certified Residential Real Property Appraiser. The right appraiser with the right accreditations and experience will give you an accurate home valuation report. Experience.

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McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Second generation use.

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Appraisal Real Estate Valuation Real Property 54

Simonson Real Estate

DECEMBER 6, 2022

Market Value As Is – The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Source: The Dictionary of Real Estate Appraisal, Sixth Edition, Appraisal Institute, Chicago, Illinois, 2015). Clarify What Value or Values are Needed.

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Real Quantum

NOVEMBER 24, 2020

Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). Hold bachelor’s degree or higher (or be a Certified General Real Property Appraiser). Realquantum helps valuation and advisory teams eliminate tedious manual work and boost revenue 50%.

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Appraisal Property Appraisal Real Property Valuation 64

Valuation Review

SEPTEMBER 13, 2021

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.

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Property Appraisal Appraisal Real Property 60

McKissock

DECEMBER 28, 2021

Another content and curriculum manager at McKissock, Dan Bradley, warns that three major unknowns face the appraisal profession for 2022: the PAVE (Property Appraisal and Valuation Equity) task force ; inflation and interest rates; and property values/market conditions. These are expected to be significant and far-reaching.

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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? Isn’t that all that appraisers do?

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DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

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Annarbor Appraisal

JUNE 5, 2019

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. The most reliable and defensible number will come from a formal appraisal, conducted by a certified real estate appraiser.

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Appraisal Real Estate Real Property Valuation 78

McKissock

MAY 26, 2023

” Offer more valuation products (11%) Another recommended strategy is to offer more valuation products in addition to traditional appraisals, such as desktops, hybrid appraisals, evaluations, etc. Fortunately, there is still so much opportunity in this industry! ” “Expand [your] market.”

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McKissock

AUGUST 21, 2020

USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. FREE GUIDE : Simplify the valuation process with this free Valuation Process Road Map. Reporting requirements. It’s also a good idea to review the appraisal reporting requirements. Scope of work disclosure.

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