Remove Finance Remove Mortgage Remove Property Appraisal Remove Real Property
article thumbnail

Consider These Factors Before Buying Land In 2023

Cleveland Appraisal Blog

Start thinking about the financing options available, such as mortgages, loans, and grants, and the associated interest rates, repayment terms, and fees. Depending on what you are buying and local tax laws you may also wish to look into property tax loans and if possible you should hire a realtor to walk you through the buying process.

article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

Most of the inspection training we receive as appraisers happens in the field. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. In previous downturns, I always had competition from lender appraisers. I understand.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

“While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Mortgage rates are expected to rise, but still remain attractive and reasonable. Major unknowns in the coming year.

article thumbnail

Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

As such, you must determine how involved you will be in the day-to-day administration of your property. If you are purchasing the commercial property for your business purposes, you must be prepared to keep that space occupied. The mortgage payments, utility fees, and maintenance costs are all on your shoulders. 1031 Exchanges.

Investing 138
article thumbnail

Checklist: What to Include in a Narrative Appraisal Report

McKissock

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)