Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. The examples are not intended to imply that information on zoning is necessary in all appraisal reports.

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Valuation Contracts Appraisal Legal 360

Housing Wire

OCTOBER 23, 2023

The valuator needs to understand ownership structure, ownership compensation, corporation type, operational metrics, agent productivity, lease obligations, employee roster, affiliated services relationships, market share, and most importantly financials, among a comprehensive list of items and information.

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Real Estate Brokerage Valuation Contracts 362

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property 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? Wouldn’t that information be valuable to know?

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Appraisal Market Value Legal Property Appraisal 353

Appraisal Buzz

OCTOBER 11, 2021

In truth, human appraisers fill two vitally important roles today, (1) we collect information and (2) we analyze it so it can be presented to our clients. Unlike the dentist, we heat up our full appraisal pro and prepare to x-ray the property again, metaphorically speaking. We’ll have to do the same thing.

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Appraisal Buzz

JUNE 11, 2024

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 FHFA invites interested parties to provide written input, feedback, and information on all aspects of the proposed Plans by August 12, 2024.

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Housing Wire

MARCH 31, 2022

WFG National Title Insurance Company (WFG) is a wholly owned subsidiary of Williston Financial Group and a national title insurance underwriter dedicated to taking time and cost out of real estate transactions.

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Cleveland Appraisal Blog

FEBRUARY 16, 2024

See Zillow’s information on the top pictures and the County Auditor’s information on the bottom pictures. I recommend hiring a qualified real property appraiser to appraise property when you need a supportable reflection of the market. I hope that you found this information to be helpful.

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Appraisal Market Value Real Estate Clients 405

Housing Wire

DECEMBER 7, 2023

But now I need to send you some payment information for a wire and I need you to just note this for the file.’ And then they will impersonate the property owner. And they solicit a listing to a brokerage: the real estate agent takes the listing and asks for an ID, which checks out. And it goes all the way through closing.

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Housing Wire

MARCH 11, 2024

State Title Associations and State Bar Associations provide vital continuing education for title and real property professionals, ensuring compliance with state-specific regulations and mandates.

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Cleveland Appraisal Blog

NOVEMBER 11, 2021

And to be honest, they do provide some useful information to the public. ” I wonder what would have happened if they had hired appraisers to appraise the homes they were buying, and relied upon a professional real property appraisers’ opinion of value when making their decisions? They are excellent at marketing.

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Valuation Market Value Appraisal Real Estate 364

Housing Wire

DECEMBER 2, 2024

These issues include limitations on competition and solicitation, confidentiality concerns, transmission of confidential consumer information, assignment of assets and mitigation of liabilities, transfer of intellectual property, licensure, retention or procurement of business relationships, clarity on key performance indicators, and much more.

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Housing Wire

OCTOBER 9, 2023

There are certain differences between being a real estate professional in Illinois and other states, which we’ll look at in this article. We’ll also dive into necessary steps and helpful tips, answer frequently asked questions, and provide all the key information you need to get your real estate license in Illinois, so keep reading.

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Appraiserblogs

FEBRUARY 29, 2024

Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi Real Estate Appraisal Board.

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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. If you’re a real property appraiser in Ohio, check us out! From finding a trustworthy contractor to budgeting and estimating costs, the key to a successful renovation is understanding the process.

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Cleveland Appraisal Blog

AUGUST 25, 2022

When you’re about to buy your first real property 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. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. Let us know !

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Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. out of 5 stars Rating: 4.5

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Housing Wire

NOVEMBER 30, 2023

Whether you looking for a Chicago real estate school to get a real estate broker license or you’re already licensed and wanting to find an online program to become a managing broker elsewhere in the state, there are many Illinois real estate schools to choose from. out of 5 stars Rating: 4.5 out of 5 stars Rating: 4.5

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Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value.

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Cleveland Appraisal Blog

JUNE 30, 2023

To ensure suitability, research neighborhoods, read reviews, and consult locals or real estate agents. Additionally, visit sites like Cleveland Appraisal Blog for great information. I hope you found some information that you found beneficial. Images by Pexels June, thank you so much for sharing these tips with us! Sage advice!

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Cleveland Appraisal Blog

MAY 26, 2023

(Assuming they made adjustments) Did you consider any relevant market trends or economic factors when determining the property’s value? Can you provide any additional information or documentation to support your appraisal? Hopefully, the agent will be able to answer these questions. The first question above relates to approaches.

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Appraisal Real Estate Agent Real Estate Valuation 301

Housing Wire

APRIL 22, 2024

Exam Prep: Prelicensing Standard, Value, and Premium packages all feature Exam Prep Edge, a study tool that breaks down the material into unit lessons to help you understand and retain the information. Those two courses are: Washington Real Estate Fundamentals (60 course hours). Washington Real Estate Practices (30 course hours).

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Real Estate Tools Agents Real Estate Agent 384

The Robert Weiler Company

SEPTEMBER 30, 2020

In most instances, such as public development projects or litigation cases, the commercial appraisal review is a mandatory examination of an appraisal report to spot mistakes, address errors in a CRE appraiser’s judgment or update information based on changing conditions due to the passage of time.

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Real Estate Appraisal Valuation Property Appraisal 137

McKissock

FEBRUARY 16, 2021

What information do you need when appraising industrial and flex buildings ? To estimate the real property value for the purpose of one or more partners acquiring the interest of other partners in a proposed or existing building’s ownership. For real estate tax assessment purposes. Material and information required.

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Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

I complete this approach on nearly every appraisal, with the exception of condominiums, because it is a necessary approach when measuring the accrued depreciation of a property, which provides helpful information in the Sales Comparison Approach. The third approach to value is the Income Approach.

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Appraisal Development Valuation Market Value 337

Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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Appraisal Appraisal Process Real Property Real Estate 78

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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Cleveland Appraisal Blog

APRIL 21, 2022

Second, when searching for sales that are similar to the property being appraised, I’ve never read agent comments in the Multiple Listing Service (MLS) that state, “This home’s list price is being reduced by ten percent because the neighbors are difficult and crazy.”. Sellers want to capitalize on how much they can sell their homes for.

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Market Value Appraisal Agents Real Estate Agent 350

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. What is a land contract in Ohio, really? Multifamily housing. Specific dates.

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Contracts Tenants Legal Sellers 143

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase. Paul, Minn.).

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

MAY 14, 2023

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.) population, news articles, economic data, internet searches, etc.)

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Appraisal Appraisal Process Property Appraisal Real Property 87

Appraisal Partners Blog

JANUARY 31, 2024

In the ever-changing re­alm of real property, knowing the e­xact worth of your property plays a significant role. It helps you make informed decisions when you’re eithe­r on the buying or selling end. However, the appraisal of residential property involves several detailed steps and considerations.

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Appraisal Property Appraisal Market Value Real Estate 78

Appraisal Partners Blog

JANUARY 2, 2025

Accurate and unbiased appraisals are critical in these situations to ensure that property values are determined fairly and equitably. Whether its a marital home being divided in a divorce or real property being passed to heirs through an estate, appraisals play a vital role in facilitating a transparent and just process.

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GoForrmz

DECEMBER 5, 2024

Thankfully, technology will continue to play a pivotal role in not only advancing access and tools but also streamlining real estate processes and improving customer experiences. Tools leveraging AI provide data-driven insights, helping agents and property managers forecast property values, rental demand, and market fluctuations.

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Real Estate Property Management Tools Clients 78

Cleveland Appraisal Blog

DECEMBER 10, 2022

You have a right to know some basic information about your new neighbors , so don’t be shy about making the appropriate inquiries. #3 3 Unappealing home exterior. The “curb appeal” of a house is the first impression it gives to passers-by.

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Appraisal Buyers Renovations Investing 297

Walitt Solutions

MAY 24, 2024

Notice that nothing prohibits the appraiser from rising above the minimum requirements, such as including information on amendments or addenda to the contract that took place after the effective date. Example 1 [Contract section on the form] See text addenda for information on the contract as of the effective date and a subsequent addendum.

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Contracts Appraisal Clients Market Value 74

McKissock

OCTOBER 4, 2022

If you are considering a career in the appraisal field , you may be curious about how long it takes to get licensed and start earning an income as a real estate appraiser. Here is some information to help answer the frequently asked question, “How long does it take to become an appraiser?”

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