Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. But then they had to hire me to perform an appraisal. That’s right! In the other case, my client’s attorney recommended having their marital property appraised.

Appraisal 305

Appraisal Real Estate Agent Real Estate Valuation 305

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. Use our guide to find the best Florida real estate school for your career goals, learning style, and schedule. This is the equivalent of $32.31

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Real Estate Real Estate Agent Agents Law 468

Cleveland Appraisal Blog

OCTOBER 14, 2021

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. He shares some excellent insights on the subject.

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Inventory Market Value Appraisal Contracts 243

Housing Wire

OCTOBER 22, 2023

In this article, we’ll take you through the Texas real estate licensing process step-by-step, sharing the costs, time commitment and all the details you’ll need to launch your new career. Articles sources & helpful links The National Association of Realtors. Texas Home Values” [link] link] FastExpert.com.

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Real Estate Real Estate Agent Agents Brokerage 435

Realvals

NOVEMBER 11, 2022

The five charts in the article below provide you with a visual representation of the Mill Valley housing market over the last year. This metric is calculated by subtracting the contract (Pending date) from the listing date. The red line shows the average sold price of homes in Mill Valley.

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Home Value Housing Market Marketing Inventory 60

Housing Wire

NOVEMBER 30, 2023

Check out the best schools for exam prep courses with helpful study aids in our article 7 best real estate classes in Ohio for 2024. You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks.

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Real Estate Real Estate Agent Brokerage Agents 459

Housing Wire

OCTOBER 9, 2023

There are certain differences between being a real estate professional in Illinois and other states, which we’ll look at in this article. We provide you with the most up-to-date information and insights into the latest home trends, changes in real estate, and more. Articles Sources & Helpful Links Chicago Real Estate School.

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Real Estate Agent Real Estate Agents Brokerage 448

Raleigh Realty

MARCH 26, 2022

This article will inform you of the reasons why it is beneficial to hire a buyer’s agent when buying a house. There are a lot of great reasons for getting a buyer’s agent to help you find a home, especially in a unique market like the one we are in. Experiences With Contracts Paperwork pushing is a big part of this process.

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Real Estate Buyers Agents Contracts 148

Housing Wire

JUNE 21, 2024

Offers a generous 3-month free trial (ten cards each month) Monthly billing with no contract. Related articles 10 simple tips to master circle prospecting (+ scripts) 8 best real estate marketing companies to boost your business in 2024 How to Create a Foolproof Real Estate Marketing Plan for 2024 (+Template) Happy mailing!

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Real Estate Agents Tools Design 397

Appraisal Today

AUGUST 30, 2024

AI Appraisals: Embracing the Future Appraisal 5 Enormous Mansions, With Wildly Different Architectural Styles—Priced at Under a Million Bucks Is appraisal accuracy measured by contract price? Again, I ask, does contract price equal market value? Further, should contract price be the metric by which appraisal values are measured?

Appraisal 85

Appraisal Contracts Architecture Mortgage 85

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The article touches on a variety of things that I’d like to respond to such as the reference to the shortage of appraisers.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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Inspection Sellers Advertising Home Value 68

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

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Inspection Buyers Real Estate Agent Contracts 69

Eppraisal

JUNE 1, 2021

List your home for sale on the market one minute, and the next you're likely fielding offers. Gay Cororaton, the Research Economist for the National Association of Realtors states, "On average, there were four offers per home sold (closed) in February 2021." Home values are rising because of this.

Real Estate 64

Real Estate Contracts Sellers Buyers 64

Eppraisal

DECEMBER 2, 2022

It's a security blanket of sorts for you to be sure there aren't safety hazards and major defects in the home. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract.

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Inspection Technology Tools Home Value 69

Appraisal Today

APRIL 26, 2024

I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. You are “graded” on how close you come to the sales price.

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Appraisal Real Estate Real Estate Agent Contracts 85

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

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Sellers Loan Officers Inventory Home Value 66

Appraisal Today

AUGUST 30, 2024

AI Appraisals: Embracing the Future Appraisal 5 Enormous Mansions, With Wildly Different Architectural Styles—Priced at Under a Million Bucks Is appraisal accuracy measured by contract price? Again, I ask, does contract price equal market value? Further, should contract price be the metric by which appraisal values are measured?

Appraisal 65

Appraisal Contracts Architecture Market Value 65

D Fritz Appraisals

FEBRUARY 22, 2023

Taking equity out of your home to buy another house can be a financially advantageous option, as it allows homeowners to tap into the built-up value of their primary residence without worrying about saving up for a second mortgage. Home equity is like having money in the bank, but it’s tied up in your real estate.

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Investing Real Estate Appraisal Market Value 129

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

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Real Estate Agents Real Estate Agent Marketing 69

Appraisal Today

MARCH 3, 2023

== Black-Owned Homes Appreciated Fastest In The Pandemic – Zillow research Black Americans’ housing wealth has made strides, but remains well below that of the typical U.S. household Excerpts: The ratio between Black home values and home values overall is closing. Black home values appreciated 42.5%

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Tools Appraisal Home Value Business 52

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

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Contracts Real Estate Agent Sellers Real Estate 36

Appraisal Today

SEPTEMBER 29, 2023

The article in Mortgage News Daily titled “Mortgage Application Volume at Lowest Levels Since 1996” in this link provides context. Risk to Home Values. Eby said that when the market correction happens, it will render millions of homes essentially uninsurable and therefore cause their value to drop. percent from 11.0

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Insurance Appraisal Contracts Mortgage 88

Appraisal Today

JULY 26, 2024

If you do residential lender appraisals, read this article. Other recent appraisals of the same property had steadily increased in value, yet this appraisal resulted in a dramatic drop, despite the Denver market experiencing substantial growth in home values at that time. Sign up for monthly auto renewal for $8.25!

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Appraisal Valuation Reconsideration of Value Contracts 90

Appraisal Today

FEBRUARY 14, 2025

To read more, including over 40 comments, Click Here My comments: Read the article. Excerpts for this article: Lets outline the new GSE requirements: Time adjustments will be a required field, even if exactly zero! Time is measured in days, to the contract day of the comparable sale. trillion Mortgage applications increased 2.3

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Appraisal Technology Contracts Mortgage 52

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer.

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Appraisal Real Estate Agent Marketing Real Estate 36

Appraisal Today

FEBRUARY 23, 2024

I wrote an article Why I am an appraiser, in a recent paid monthly newsletter (excerpts below). I read articles online and in the local newspaper, but they didn’t have much information. Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article!

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Appraisal Real Estate Contracts Reconsideration of Value 75

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. They really help. Take charge of your business.

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Appraisal Business Contracts Real Estate 80

Eppraisal

JULY 8, 2022

With home values rising and buyers paying high prices for homes, title companies' roles are more important than ever. Buyers paying these high prices for homes deserve protection. In the article, What Does a Title Company Do? There are some contracts that allow the seller to choose the title company.

Insurance 36

Insurance Real Estate Home Value Real Estate Agent 36

Eppraisal

OCTOBER 2, 2021

Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago." Your agent should know the real estate contract like the back of her hand. There is more to consider than just price.

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Agents Real Estate Agent Marketing Real Estate 36

Eppraisal

AUGUST 30, 2022

Offer Market Price Buyers still need to offer at least market price for a home, perhaps higher. Home values are still going up. " The same article cited the surprising statistics, "In June, the national median listing price for single-family homes was $450,000, up 16.9%

Real Estate 36

Real Estate Buyers Marketing Real Estate Agent 36

Eppraisal

MAY 6, 2022

As each builder is different when it comes to landscaping their new construction homes, be sure to discuss what is offered as well as your expectations. Your home price and home value should have some type of landscaping built into the equation. Make sure the details are clearly stated on your sales contract.

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Construction Contracts Home Value Buyers 36

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. I have included some of the articles below. Did anyone think in early 2020 that home values all over the country would go off the charts?

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Appraisal Contracts Real Estate Mortgage 52

Eppraisal

MARCH 3, 2023

Do you as a homeowners know the difference between a homeowner's insurance policy and a home warranty? With the increase in home values over the last couple years, you have a bigger investment to protect against hazards and defects. " The average cost of a home warranty is approximately $450-$700.

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Insurance Home Value Legal Investing 36

Eppraisal

JULY 27, 2022

Home sellers have been reaping the rewards as home values have risen over the past couple years. You can negotiate more than just price when selling your home. However, most real estate attorneys charge a flat fee for their services to represent you from contract date to closing date. You will be glad you did.

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Real Estate Agent Real Estate Brokerage Sellers 36

Appraisal Today

JUNE 28, 2024

This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of home values. To read more, Click Here My comments: This article is definitely worth reading. The article is a long, so you may want to scroll down to “Implications of the Current System,” a summary.

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Valuation Appraisal Real Estate Real Estate Agent 64

Appraisal Today

JUNE 10, 2022

Articles available: Business slow? If this article helped you understand non-lender appraisals, it is worth the subscription price!! “Americans have seen home values rise at record rates over the past few years. from 0.51 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

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Appraisal Contracts Business Mortgage 52