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) I hope you’ve been enjoying their articles!

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Appraisal Development Valuation Market Value 337

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. Therefore, having a stable and/or outbuilding might be more valuable than a more traditional garage to prospective buyers of properties that are not electrified.

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Appraisal Transportation Buyers Property Appraisal 283

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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Appraisal Market Value Legal Property Appraisal 353

Housing Wire

NOVEMBER 30, 2023

We’ll help you make an informed decision and find the right Chicago real estate classes or online program to best fit your budget, timeline, learning style and schedule. Covers real estate math, concepts, brokerage, real property, contracts, appraisal, updated TILA/RESPA information & more. Self-paced.

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Real Estate Realtors Real Estate Agent Law 448

Appraisal Partners Blog

JANUARY 2, 2025

Whether its a marital home being divided in a divorce or real property being passed to heirs through an estate, appraisals play a vital role in facilitating a transparent and just process. Without a professional valuation, property disputes are common, and often end up in lengthy and expensive legal battles.

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Appraisal Legal Valuation Tools 78

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., population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

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Appraisal Appraisal Process Property Appraisal Real Property 87

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 Property Real Estate 78

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. Article written by Joseph Dobrian.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

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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Appraisal Valuation Real Estate Agent Real Estate 93

Simonson Real Estate

DECEMBER 6, 2022

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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Appraisal Process Real Estate Appraisal Renovations 78

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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Appraisal Appraisal Process Clients Development 92

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 Valuation Real Estate Design 54

Appraisal Today

SEPTEMBER 20, 2024

Example: Custom GPT: UAD RealView Analyst Amorin presents a tangible example of a custom GPT named “UAD RealView Analyst,” crafted to assess the quality and condition of residential properties in accordance with the Uniform Appraisal Dataset (UAD) Specification Guidelines. It happened once with Cindi Chance.

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Appraisal Business Contracts Real Estate 75

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. is another way to bolster your business during a slow real estate market. It worked well at the time.”

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Real Estate Appraisal Marketing Business 64

McKissock

JULY 2, 2021

” CE Course: For in-depth information on appraising solar panels, enroll in our new CE course, Valuation of Residential Solar. One thing we recently learned is about real property vs personal property. Smart home systems (12%). ” “I am studying hard to pass my appraisal principals course. .

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Appraisal Transportation Technology Real Estate 97

Appraisal Today

AUGUST 9, 2024

However, from the perspective of the valuation profession, this isn’t an accurate question. We don’t provide an appraised value of a property. Instead, we provide an informed, objective opinion of the value of the property based on several factors and criteria as well as the type of value we’re asked to provide.

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Appraisal Reconsideration of Value Insurance Market Value 68

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. What is an appraiser expected to analyze and give an opinion on? Written by Steven W.

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Contracts Appraisal Market Value Real Estate 64

McKissock

NOVEMBER 3, 2020

In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria. She is a real estate appraisal and valuation compliance professional with over 20 years experience in residential appraising, operations management, risk analysis, quality assurance, and appraisal regulations.

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Appraisal Training Business Property Appraisal 75

McKissock

JUNE 22, 2021

In this job aid, we’ve compiled several recommendations shared by a hearing officer, a property assessor, and appraisers who regularly perform real property assessment appeal assignments. Job aid: Big Box Retail Valuations. This job aid provides in-depth guidance on appraising a big box retail property.

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Reconsideration of Value Appraisal Real Estate Retail 52

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. . which can relate to valuation.

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Appraisal Agents Real Estate Real Estate Agent 83

Appraisal Today

JUNE 24, 2022

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. A few of my articles: Should you do non-lender work? Links in article.

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Appraisal Contracts Mortgage Easement 52

Appraisal Today

JULY 12, 2024

I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? After graduation, I worked in labs for 7 years.

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Appraisal Design Contracts Business 70

Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence. Physical Obsolescence.

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Real Estate Tenants Modernization Renovations 50

Appraisal Today

APRIL 2, 2023

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. I have seen articles from all over the world about groups living in caves in the distant past.

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Contracts Appraisal HOA Architecture 52

Appraiserblogs

AUGUST 14, 2023

had characterized as race-based differences in home valuations were almost entirely due to socio-economic status, not racial bias by real estate appraisers. Perry’s 2018 research, titled “The Devaluation of Assets in Black Neighborhoods,” pinned the nation’s racial wealth gap on 80,000 state-licensed real property appraisers.

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Valuation Property Appraisal Home Value Appraisal 111

Appraisal Today

FEBRUARY 21, 2025

Moreover, appraisers must conduct each of the four tests on the real property as if vacant, and as improved. Applying each of these tests properly is essential to the valuation process. If you only do residential properties H&BU issues is much less an issue, so you dont do the H&BU analysis very often.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

NOVEMBER 29, 2024

This also opens the door for pushback on related changes, such as the expansion of the Nondiscrimination rule of the Uniform Standards of Professional Appraisal Practice, or the addition of valuation bias education to the Real Property, to the extent that either of these would include content that goes beyond what exists in statute already.

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Appraisal Business Contracts Real Estate 78