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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

Appraisal 312
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Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Hopefully, you found this article to be interesting. Depreciation!

Appraisal 283
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Things To Remember About Tax Appeals

Cleveland Appraisal Blog

If a home needs major repairs, clearly this can have a negative impact on market value. Therefore, if a home is in need of some major repairs, it may be worth having an appraisal completed to see if the market value of the home is lower than the assessed value. The assessor may not be aware of these repairs.

Appraisal 219
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Impact of COVID-19 On Appraisals

Simonson Real Estate

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Moderate credit tenants – 6.5%

Appraisal 143
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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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The Intricacies of Commercial Appraisals: A Guide for Investors and Business Owners

Appraisal Partners Blog

This article will explore the specific challenges, processes, and nuances of commercial appraisals, providing a guide to help you navigate this important aspect of the commercial real estate landscape. Factors like location, tenant mix, lease rates, and building amenities play a critical role in determining their value.

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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

Though, keep in mind that commercial real estate doesn’t always sell at market value. Retail space for sale differs from other types of commercial real estate because owners are trying to either (1) attract customers, or (2) attract tenants that plan on attracting customers. CRE Property #2: Retail/Restaurant Storefront.