Cleveland Appraisal Blog

MAY 17, 2024

This post from Aspen Appraisal Services will provide all of the information you need to start planning your home renovation. Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value. You can also listen right here on the Cleveland Appraisal Blog!

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D Fritz Appraisals

JANUARY 5, 2024

Community features and neighbourhood amenities are topping the modern buyer’s wish list. With increasing real estate prices, property owners are demanding more. Beyond the conveniences of a house, these community features should also be considered when assessing a property’s value.

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Appraisal Today

SEPTEMBER 27, 2024

Understanding the depth, quality of the water, and type of shoreline is crucial, as these elements directly influence the property’s usability, aesthetics, and long-term stability. The importance of these factors cannot be overstated, and they deserve careful consideration in every waterfront property appraisal.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

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AmeriMac

JUNE 15, 2024

Making improvements to the property can positively impact its appraisal value and attract potential buyers or tenants. Introduction Property appraisals are an essential tool for real estate investors. The Purpose of Appraising Investment Properties Appraisals provide crucial insights for both buyers and sellers.

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McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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McKissock

MARCH 17, 2023

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Our 8 Top Picks for Renovations That Increase Home Value When deciding what renovations to complete, consider the following 8 home renovations which have historically proven to bring the biggest return on investment: Kitchen Remodel: 75% – 100% ROI At the heart of the modern home, a kitchen can make or break a sale.

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Birmingham Appraisal

AUGUST 30, 2023

In this blog post, I’ll discuss 15 reasons your home may not appraise for the value you anticipated, and I’ll share valuable tips for homeowners to help your home appraise for top dollar. Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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AmeriMac

JANUARY 31, 2025

In a seller’s market, high buyer demand can increase property values. Conversely, property values may decrease in a buyer’s market with more homes than buyers. Awareness of these trends is crucial for buyers and sellers to make informed decisions on pricing, negotiations, and investments.

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Appraisal Today

JANUARY 31, 2025

. ———————————————— Appraisal/Appraiser Bias Accusations Per a recent appraisersblogs post: removal of all appraisal bias propaganda from the official whitehouse.gov website. Appraisals are ordered after the loan application.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

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Mores Appraisal Group

OCTOBER 5, 2024

We recently appraised a 27,000 square foot commercial cannabis facility in the Coachella Valley, Riverside County. The appraisal reflects the building’s potential in various operational capacities within the cannabis industry. The post Appraisal of a Commercial Cannabis Use Building in Coachella Valley appeared first on.

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D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. Make It a Smart Home – Adding a few “smart” features to your home can add a touch of modern tech and appeal, without costing a lot. Consider installing Wi-Fi-enabled thermostats, doorbells and other gadgets to increase appeal.

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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McKissock

APRIL 6, 2021

Making small changes in your appraisal business can produce large results and make your productivity skyrocket. Now is the time to move beyond spreadsheets, modernize your company practices, and see the possibilities that come with using tools built by appraisers, for appraisers.

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Magnusson Group

MAY 30, 2021

The Magnusson’s are excited to bring you this private collection of art, art glass, modern design and mid-century furnishings in our next auction. The post Fine Art, Glass & Mid-Century Furnishings Online Auction appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. How to take advantage of desktop appraisals.

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East Coast Appraisal

MARCH 22, 2022

Therefore, before you call an appraiser to your home, you need to do your homework by finding out how much similar houses in your area are selling for. To get this information, you can visit your local county authority offices and ask for data on houses sold in your area within the past six months. Make Repairs .

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Magnusson Group

MAY 30, 2021

The Magnusson’s are excited to bring you this private collection of art, art glass, modern design and mid-century furnishings in our next auction. The post Eclectic MCM Haven by Highland Park Online Auction Ends July 22 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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Appraisal Today

AUGUST 18, 2023

There may be more information now. The Appraisal Update Podcast 8.16.23 – MLS Cyberattack (SPECIAL REPORT) Video 18 minutes Goes through URAR form and USPAP plus many ideas on what to do. Without MLS, do we have ALL information necessary? Without MLS do we have adequate information? I wrote this up yesterday.

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Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. So when it comes to valuing properties in a volatile market, as we experienced in the years since the pandemic, choosing the right AVM is imperative.

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Appraisal Today

JULY 12, 2024

It’s not just about acquiring designations but staying informed about market dynamics, industry changes and emerging trends. Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures.

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Real Quantum

JANUARY 10, 2021

Realquantum, already heralded as the premier commercial property appraisal software, helps valuation and advisory teams eliminate tedious manual work and boost revenue 50%, while helping them curate the best quality commercial property data available. ABOUT ROCKPORT VAL. Ready to see how you can be more successful and efficient?

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AmeriMac

SEPTEMBER 17, 2024

These options use advanced tools, machine learning, and big data to analyze a lot of information that affects the house’s value. Things like how close a property is to parks, new building projects, and even opinions shared on social media can help provide a better overall value.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. For the sake of example, let’s say a buyer agrees to buy a property for $500,000. Everything seems to be proceeding along exactly as it should… until the property appraised at $400,000.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. For the sake of example, let’s say a buyer agrees to buy a property for $500,000. Everything seems to be proceeding along exactly as it should… until the property appraised at $400,000.

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Appraisal Today

JANUARY 20, 2023

People call it modern, but I think it’s more a contemporary style with its open spaces, large expanses of windows, and unconventional volumes of space,” says listing agent Pradnya Martz, of Keller Williams. An excellent way to get more appraisal business! Appraisals are ordered after the loan application.

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Appraisal Today

NOVEMBER 20, 2022

Excerpts: Disciplinary complaints against appraisers are becoming more and more common. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. To read more, click here.

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Most of the information in these newsletters comes from emails.

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Appraisal Buzz

JANUARY 17, 2025

billion in record time through the Green and Resilient Retrofit Program (GRRP), funded by President Bidens Inflation Reduction Act, to modernize over 30,000 affordable homes across 42 states, D.C., Successfully delivered more than $1.4 and Puerto Rico, making them greener, healthier, and safer. Permanently housed or served more than 1.2

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Housing Wire

MAY 27, 2022

Likewise, a 2021 Freddie Mac study of more than 12 million appraisals dating back to 2015 found that appraisers’ opinions of value were more likely to fall below the contract price in Black and Latino census tracts. Some researchers point to appraisal methodology as a culprit.

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Housing Wire

MARCH 13, 2023

“When appraisers or lenders treat homebuyers or homeowners differently because of race, they violate federal law. The couple applied for a refinance loan with loanDepot and were initially approved with a 2.25% interest rate, with a “conservative” estimated value of the house at $550,000, pending a property appraisal.

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Appraisal Today

OCTOBER 27, 2023

Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. Appraisals are ordered after the loan application.

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Clear Capital

JANUARY 5, 2023

. “The appraiser profession needs greater diversity, allowing those involved in the process to reflect the diverse communities they serve.” Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining.

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