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For years, Zillow Zesimates have been zinged by realestate professionals for creating angst in the market by their unsupportable value estimates. My appraiser compadre and fellow blogger Ryan Lundquist, at the Sacramento Appraisal Blog, wrote an excellent piece this week on the situation with Zillow.
Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you’re about to buy your first realproperty outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. Decide on How to Proceed. Questions?
Compass announced Monday that it has reached an agreement to buy San Francisco-based realestate transaction platform Glide , a deal that some California realestate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.
So, first of all, thank you for being here to read articles from my blog! I know most of my readers are interested in appraisal and realestate-related topics. I recommend hiring a qualified realproperty appraiser to appraise property when you need a supportable reflection of the market. More blogs to come!
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 realestate professional. They had hired the former realestate professional to value their property for the purpose of a divorce. That’s right!
For a highly experienced State Certified Residential RealEstate Appraiser, contact Aspen Appraisal Services today! Over the years, I have enjoyed different guest bloggers writing for the Cleveland Appraisal Blog. This will be the last guest post for the Cleveland Appraisal Blog.
To all my newsletter subscribers, I hope you’ll continue to enjoy my market research on my blog instead of the old newsletter I discontinued this month. Feel free to unsubscribe from this blog at any time. You can also listen right here at Cleveland Appraisal Blog! Well, that’s a wrap for this week.
When it comes to nuisance neighbors, I try to visit with realestate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Realestate agents are typically more connected with the public and these types of situations than we appraisers usually are.
I’m playing catch-up on blogs with the help of my guest bloggers. I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Hello friends!
With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a realproperty 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?
Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. The Appraisal of RealEstate, the fifteenth edition indicated that these factors are going to determine which sales are most comparable. How about underimproved?
In 2023, I am going to work on providing some blog posts that focus more on the Cleveland market. After all, this is the Cleveland Appraisal Blog! I do already provide market updates and charts in my monthly newsletter, but my blogs have not really focused on my local market. . I hope you will benefit! An Excess of Appraisers?
I took some time off from blogging to catch up on work and re-group mentally from the past few years of realestate craziness, culminating in a hectic last six months of an appraiser. Subscribe If you want to order a residential realproperty appraisal in Northeast Ohio, click here. Hello, dear reader!
Despite these radical changes, the business of America carries on, somehow, some way, including commercial realestate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial realestate? Please join us on Wednesday, July 15th at 2:30 p.m.,
Unlike a commercial realestate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial realestate appraisals on social media! Grant Applications.
As RealEstate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. We won’t take appraiser trainees, but we’ll take realestate trainees. As appraisers, we need. That’s the million dollar question.
As a realproperty appraiser, I think these tips can really help if you’re looking to purchase land. A big thank you to Ashley Rodriguez for helping provide some content for my blog this month! And a big thank you dear reader for continuing to visit the Cleveland Appraisal Blog! I appreciate you!
While commercial appraisals are a central part of evaluating realestate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. FIRREA and Bank Guidelines Interagency and Evaluation Guidelines SBA Appraisal Requirements.
Should “property data collectors” who inspect properties and provide information to realestate appraisers be licensed by state appraiser boards? HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi RealEstate Appraisal Board.
Our goal is helping our clients make sound investment decisions and solve realestate problems to achieve their financial and business goals. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the realestate financing process.
The team at Simonson Appraisals has found that one of the best tools we have to overcome this challenge while continuing to produce reliable and credible appraisals is speaking with owners, lenders and other market participants dealing with the different segments of commercial realestate. Updated 9/8/2020.
Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform realproperty management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!
The world of residential realestate can be a fast-paced business, where deals are struck, fortunes made … and danger potentially lurks just below the surface. It’s not exactly new: Hackers have been targeting American consumers as well as realestate professionals for many years in an attempt to steal money.
The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of realproperty—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of realestate. Regards, Mitchell Simonson, MAI.
In realestate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the realestate investor, can avoid the bank and make an agreement directly with the seller. Furthermore, the tenant is responsible for all costs for improving the land, thus, increasing the overall value of the property.
The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a realproperty and provide assistance to those who own, manage, sell, invest in, or lend money on realestate. As appraisers’ we assemble facts, statistics, and other information on a specific property.
retail and restaurant headquarters, but the Columbus, OH realestate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial realestate in Columbus, Ohio. TABLE OF CONTENTS: The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio.
Since the realestate market impacts the work of realproperty appraisers, demand for appraisers can fluctuate from year to year. Free Download: Learn how to become a realestate appraiser in our free guide. Job outlook for realestate appraisers. Want to contribute to our blog?
In the ever-changing realm of realproperty, knowing the exact worth of your property plays a significant role. However, the appraisal of residential property involves several detailed steps and considerations. Understanding the Basics So, why do you need an appraisal for your residential property?
Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the realestate market and no events on the horizon that could seriously upset appraisers’ business. Want to contribute to our blog? Article written by Joseph Dobrian.
How to Choose a RealEstate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing realestate prices and other factors. An independent appraisal sets a benchmark value for your realestate. Call today!
Historically, when realproperty changed ownership, the seller brought the buyer a handful of dirt from the land to symbolize that the title was transferred. Now, instead of dirt, legal documents called deeds are used to convey the title of realproperty from one person or entity to another.
NOTE: Please scroll down to read the other topics in this long blog post on HOA Horror Stories, Zillow and Redfin lawsuits Videos and Privacy, Residential to commercial transition, realestate market, unusual homes, mortgage origination stats, etc $139M Bel-Air CA Megamansion Excerpts: 12 bedrooms, 17 baths, 2.08 There are 1.2
I thought I would take some time in this week’s blog post to explain the process you can take to appeal your high realproperty tax assessment if you think they are too high. The post How to Appeal Your High Property Tax Assessment: A Homeowner’s Guide appeared first on Birmingham Appraisal Blog.
In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the RealProperty Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Appraisers are realestate reporters.
During these times, the division of assets becomes a crucial element of the process, and this often includes realestate. Accurate and unbiased appraisals are critical in these situations to ensure that property values are determined fairly and equitably.
With many water fronting properties, the topics of “riparian and/or littoral rights” (and the “prior appropriation doctrine” in the western states) come into play, along with several other issues. Those topics are fodder for other lengthy blog posts all by themselves. Written by Steven W.
Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of realestate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements. I got it for MLS access.
On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included realestate showings. Will the stock market continue to be mercurial and buyers feel more comfortable having assets in something solid, like realproperty?
As a whole, commercial realestate has seen great success in 2022, despite rising interest rates. Surges in Residential and Commercial RealEstate, and Land Sales. Residential RealEstate Sales. Let’s dive into what realestate agents can expect from the Buckeye State as we continue in 2022.
Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page. NOTE: the popular ads with liability tips are below the first topic on my blog posts. The newsletters have abbreviated titles, taken from their blog posts.
FREE Webinar: Join us on Wednesday, October 14, 2020 for a free webinar, Proven Test Taking Tips for Your RealEstate Appraiser Exam. Anyone looking to become a licensed or certified realestate appraiser must take and pass the national exam. Editor’s note: This blog post was originally posted on November 12, 2019.
Failure to disclose significant realproperty appraisal assistance is another common violation. Believe it or not, sometimes trainees/applicants will send in the appraisal reports, and the trainee is not mentioned in the reports as having providing significant realproperty appraisal assistance. Written by Dan Bradley.
Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying realproperty… from your couch, if you’re not ready to buy land for sale! Partnering with a commercial realestate firm will streamline your efforts.
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