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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. Defining the Appraisal Scope of Work. Value Scenarios.

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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Let the Renovations Begin! Decide on How to Proceed.

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Bedroom Requirements and Cleveland Housing Stats

Cleveland Appraisal Blog

Before I share some housing stats, let’s start with a question I often get when giving office presentations about the appraisal process What is required for a room to be a bedroom? I enjoyed seeing the coverage of neighborhoods Ive appraised for decades. Our Museum of Natural History was recently renovated.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

What is the Role of the Appraiser? 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. Let’s jump straight into it. We’d be happy to help.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Clear communication.