Cleveland Appraisal Blog

DECEMBER 19, 2021

Many modern homes feature open floor plans. By focusing on buyers’ needs, you can get a better ROI and increase the odds that your house sells quickly. If you also keep your receipts and take before and after photos, you’ll have an easier time demonstrating the value of the work, making it easier to get top dollar when you sell.

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Cleveland Appraisal Blog

FEBRUARY 17, 2021

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. What Is A Competitive Market Area?

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McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?

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Appraisal Market Value Investors Buyers 84

Cleveland Appraisal Blog

MARCH 4, 2021

That usually appealing to many home buyers. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. Let’s think about a home that was just built and never lived in. A brand-new home has a certain type of appeal. It has never been lived in.

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Realtor

MAY 15, 2023

The appraisal also protects you as a buyer. “In these instances, a hybrid appraisal is to determine the home’s fair market value but also to confirm the true condition before the home goes into a short sale or foreclosure scenario,” says Alvaro Moreira , owner of the Georgia mortgage company Moreira Team.

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Appraisal Real Estate Appraisal Process Market Value 104

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property.

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Market Value Agents Appraisal Bracketing 93

Lamacchia Realty

APRIL 10, 2024

How this can Decrease Value : Swimming pools can take up most of the yard space and can be expensive to maintain. A property’s value can be negatively affected if the pool is in need of a lot of repairs. For those kinds of buyers, this does add value to the property.

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Birmingham Appraisal

OCTOBER 9, 2024

Today, I’ll share with you seven common reasons why a home may not be selling and offer actionable steps to improve your chances of finding a buyer. Plus, I’ll share how an appraiser can be a valuable partner in helping you price and market your listing more effectively.

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Buyers Appraisal Agents Sellers 69

McKissock

DECEMBER 21, 2021

Firstly, they appeal to a very extensive network of potential affluent buyers as well as marketing strategies that can connect locally, nationally, and even globally. A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above.

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Marketing Decorating Training Buyers 86

Eppraisal

JUNE 18, 2024

" Making your property look as modern as possible can potentially help attract more potential buyers and increase your home’s value. Conversely, renovations can help if there is little buyer interest. When it comes time to sell, invest in proper staging to really wow potential buyers.

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Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability.

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Listing Spark

SEPTEMBER 23, 2024

Tech-enabled platforms: Combine aspects of traditional and FSBO methods with modern technology. These platforms act as your guide through the complex world of real estate transactions, offering the expertise of an agent with the efficiency of modern tech. Use vivid, descriptive language that paints a picture for potential buyers.

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Appraisal Partners Blog

NOVEMBER 27, 2019

Why do I need one as a cash buyer? Many people make the mistake of not determining the value of their home, or even find out after an offer has been accepted. The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. Purchasing a property is a rollercoaster of highs and lows!

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisal Appraisal Process Renovations Appraisal Tips 87

Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. In addition to the joy and comfort these changes bring into your daily life, renovations can also significantly increase your home’s market value.

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Appraisal Today

JULY 1, 2023

Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. But what stands out are the first seven words of Fannie’s definition: “[m]arket value is the most probable price…,” (emphasis added) a definition that places value firmly on the pedestal of sales price.

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Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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East Coast Appraisal

JUNE 7, 2021

During an appraisal, your home is inspected and photographed to determine the current market value. Keep in mind, parts of the home that can be moved, such as appliances, do not add to the value of the home. Even if you are selling the items with the home, they don't typically boost the value, but they may attract more buyers.

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AmeriMac

NOVEMBER 15, 2024

In real estate transactions, a home appraisal is an essential step for buyers and sellers. The appraiser is a neutral third party who honestly assesses the home’s market value. They give an objective view of a home’s value. This valuation helps both the buyer and the lender.

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AmeriMac

JANUARY 15, 2025

Understanding Different Appraisal Products A real estate appraisal is a detailed study determining a property’s market value for potential buyers. Understanding valuation methods, market trends, and property analysis is crucial to establish this value.

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Birmingham Appraisal

AUGUST 14, 2024

Before the crash, this increase in the size of houses reflected the buyer’s desire for larger homes and the lender’s willingness to loan money for new construction. As a result, developers and buyers began to favor smaller, more affordable homes to reduce financial risk.

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Eppraisal

NOVEMBER 19, 2024

By investing in smart technology, homeowners can reduce waste and lower utility bills, while also increasing their home’s appeal to tech-savvy buyers. Modern systems equipped with variable-speed motors and smart controls adjust to changing conditions, providing comfort without excessive energy use.

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AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. Making improvements to the property can positively impact its appraisal value and attract potential buyers or tenants.

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Eppraisal

JANUARY 12, 2024

A visually appealing exterior creates a positive first impression, making your property more attractive to potential buyers. Not only do these upgrades reduce utility costs, but they also appeal to environmentally conscious buyers, adding a modern touch to your property.

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Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’

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Eppraisal

SEPTEMBER 3, 2024

Staying on top of these maintenance tasks not only preserves your home’s functionality but also its market value. Upkeep for Long-Term Value In addition to routine maintenance, regular upkeep is crucial for maintaining your home's appearance and value.

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Aedis Appraisals

JUNE 13, 2017

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. When selling a property to anyone other than a cash-only buyer. What Is an Appraisal and When Do I Need One?

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AmeriMac

JANUARY 3, 2022

Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home. What Is an Appraisal Contingency?

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Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home. What Is an Appraisal Contingency?

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Appraisal Buyers Sellers Contracts 36

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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Appraisal Today

MAY 31, 2024

Now, the mansion is staged to attract a different kind of buyer, says listing agent Jennifer Ames… “The buyers that are now looking at the house are all younger,” she notes. “We The perception is that the house is [in] more move-in condition, because it feels more modern to the eye.” Excerpts: 7 bedrooms, 8.5+ Ogden Armour).

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Listing Spark

JUNE 13, 2024

Benefits of FSBO Cost Savings : Avoid the traditional 6% commission fee, often split between buyer and seller agents. Direct Interaction : Engaging directly with buyers can streamline communication and shorten the selling process. Tennessee Market and FSBO The Tennessee real estate market offers unique opportunities and challenges.

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Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. The buyer is like, “yeah.

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Sellers Agents Real Estate Appraisal 69

AmeriMac

JANUARY 17, 2022

One of the great things about modern technology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.

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Will Springer Realtor

FEBRUARY 13, 2025

Well, thats starting to feel a lot like modern home design. Its important to note that in King County, property taxes are based on assessed value, not the actual sale price. That said, the price is often used as a key indicator of market value for future assessments. The formal dining room? That was led by King Countys 9.5%

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AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. They use technology and smart algorithms to provide a better and more accurate value for a property. This helps give a clearer and better assessment of a property’s value.

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AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal.

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