Remove Buyers Remove Market Value Remove Tenants
article thumbnail

California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

.” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. For agents who are assisting potential homebuyers, Kalin recommended securing the maximum term for buyer representation agreements. Landlords cannot raise rents by more than 10% until then.

Realtors 360
article thumbnail

The Challenges of Appraising Multifamily Properties

Appraisal Buzz

When you calculate a house’s worth, you think about how numerous factors position the property in the current market. This process has appraisers review location, condition, and other variables so they can assess whether buyers will be interested. However, things aren’t always as straightforward as they seem.

Appraisal 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

Appraisal 283
article thumbnail

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

Cleveland Appraisal Blog

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. I hope you enjoy these also… .

Appraisal 312
article thumbnail

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. What a great selling point to a potential buyer! That said, prospective industrial real estate buyers prefer that the property be usable immediately. But you can estimate your ROI based on comparable property sales.

article thumbnail

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
article thumbnail

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