Cleveland Appraisal Blog

AUGUST 6, 2021

WAIVING HOME INSPECTIONS. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Getting a home inspection is a personal decision. Some buyers are paying over market value for their homes. PROPERTY TAXES.

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Buyers Property Taxes Inspection Market Value 243

Realvals

FEBRUARY 10, 2025

For example, in many states, property tax assessments and sale prices are often part of the public record. These details can give a general idea of a property’s value, but they don’t provide the same level of detail as a professional appraisal. Next, we research similar properties that have sold recently.

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Appraisal Property Taxes Real Estate Market Value 78

D Fritz Appraisals

JANUARY 29, 2025

These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia. While assessments and appraisals both provide property valuations, their purpose, methods and impact on homeowners differ vastly. Frequency: Updated once a year.

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Appraisal Valuation Property Taxes Inspection 78

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. Keep in mind that property taxes vary widely by state and city. How long do you plan to stick around?

Property Taxes 218

Property Taxes Inspection Landlords Renovations 218

Appraisal Buzz

AUGUST 13, 2024

The borrower frequently assumes homeownership duties during the contract period, like as maintenance, property taxes, and upgrades. According to the CFPB, Black, Hispanic, immigrant, and religious communities are frequently the target market for these products.

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Contracts Investors Sellers Lending 367

Appraisal Buzz

JULY 23, 2024

“Buyers often back out during the inspection period because they find something they don’t like, but affordability is really the underlying issue. A persistent affordability dilemma that is affecting purchasers is causing some sellers to lower their prices since their properties are sitting on the market and growing stale.

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Buyers Contracts HOA Property Taxes 396

Housing Wire

APRIL 27, 2023

The largest institutional single-family rental (SFR) operator in the country, Invitation Homes , is in the hot seat over its alleged failure to comply with building-permit requirements for rental properties it owns in California. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

Renovations 389

Renovations Investing Real Estate Marketing 389

Birmingham Appraisal

DECEMBER 17, 2024

We discussed numerous topics including the key differences between appraisals and comparative market analyses (CMAs), what factors influence property value, and how renovations can impact your home’s worth, among other things. Always confirm that the survey reflects the propertys current configuration.

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Appraisal Easement Real Estate Agent Valuation 76

Empire Appraisal Group

DECEMBER 12, 2024

Property taxes, insurance, maintenance fees going up and then all these special assessments for repairs. Its pricing a lot of people out of the market. The tragic collapse of Surfsides Champlain Towers South condo building in 2021 left 98 people dead and led to sweeping reform of the states condo inspection law.

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Real Estate Agent Inspection Real Estate Development 78

Cleveland Appraisal Blog

JULY 16, 2022

There are pros and cons that will be different for everyone based on finances, the type of home you dream of being your forever home, and the availability of the homes in your market. An appraisal is the estimated value of a home that is based on an inspection. Property taxes are less on a smaller home with a lower appraised value.

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Appraisal Contracts Property Taxes Inspection 302

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 354

Realtor

MAY 17, 2023

Before closing on a house, most transactions include a home inspection , so you’ll need to make your home available to the inspector and then negotiate with the buyers about anything the inspection turns up according to the terms of your contract. Another important step prior to closing on a house is the appraisal.

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Sellers Inspection Contracts Property Taxes 138

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Reviewing / appealing property tax assessment.

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Appraisal Inspection Property Taxes Easement 110

Cleveland Appraisal Blog

FEBRUARY 17, 2021

As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods. – APPRAISAL TODAY.

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Appraisal Clients Inspection Market Value 219

Birmingham Appraisal

FEBRUARY 11, 2025

The Impact of Square Footage Discrepancies Home Pricing For real estate agents, accurate square footage is crucial when conducting a Comparative Market Analysis (CMA). Underpricing: If the home is larger than tax records suggest, the seller may leave money on the table by accepting a lower offer. Disputing property tax assessments.

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Appraisal Real Estate Agent Real Estate Agents 68

The Robert Weiler Company

APRIL 12, 2023

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. And, how can property owners potentially challenge new property values?

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Property Appraisal Property Taxes Valuation Real Estate 148

Housing Wire

FEBRUARY 8, 2022

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. An army of door-knockers.

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Law Mortgage Legal Finance 370

Raleigh Realty

AUGUST 17, 2021

Due Diligence Period With the acceptance of your due diligence fee, you then enter into what is referred to as the due diligence period, where the house is officially taken off the market before closing. Inspections are an expense that is paid by the buyer. You can be present during your inspection, but it is not required.

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Real Estate Real Estate Agent Contracts Inspection 148

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.

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Appraisal Property Taxes Real Estate Market Value 145

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. Keep in mind that property taxes vary widely by state and city. How long do you plan to stick around?

Property Taxes 78

Property Taxes Inspection Landlords Renovations 78

Aspen Appraisal Group

SEPTEMBER 25, 2020

An appraisal on a home is an unbiased evaluation of what the property is worth. The appraisal includes an in-person inspection of the home and its condition along with comparable home sales in the market and within the neighborhood. Before putting your home on the market. Tax Assessment Appeal.

Appraisal 78

Appraisal Property Taxes Market Value Lending 78

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. The appraiser’s goal is to provide an objective assessment of the property’s worth based on various factors. Property Inspection: The appraiser will schedule a visit to the property.

Appraisal 78

Appraisal Property Taxes Inspection Sellers 78

Birmingham Appraisal

JUNE 11, 2024

The value might be assessed as of the inspection date or, in some cases, as of a past date. Marketing Appraisals: Setting the Right Price from the Start What is it? A marketing appraisal is conducted before a home is listed for sale, either by the owner or a realtor. The latter is known as a retrospective appraisal.

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Appraisal Property Taxes Valuation Real Estate 88

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional.

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Appraisal Inspection Appraisal Process Legal 108

Appraisal Hub

MAY 17, 2023

It will likely stay on the market for longer, which can result in additional carrying costs, such as mortgage payments, property taxes, and maintenance expenses. Mistake #3: Not having a professional home appraisal Appraisal firms can determine your property’s real market value.

Inspection 78

Inspection Property Taxes Real Estate Agent Appraisal 78

The Robert Weiler Company

APRIL 15, 2022

And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance. property taxes, insurance, building maintenance, utilities, janitorial services, and property management fees). The tenant pays for the base rent plus the property tax and insurance premiums in a double net lease.

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Tenants Landlords Property Taxes Real Estate 144

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. In fast markets, listings that linger sell below market. Price it right and sell for market price in less time.” We do that.

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Lending Appraisal Training Property Taxes 99

Eppraisal

OCTOBER 13, 2023

Calculating Potential Rental Income The first step in assessing the profitability of an investment property is to determine its potential rental income. Research the local rental market to understand the average rent for similar properties in the area. Additionally, factor in a contingency for unforeseen expenses.

Investing 69

Investing Property Taxes HOA Real Estate 69

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. Most of the inspection training we receive as appraisers happens in the field. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing. Inspection training was very good. Read the full report. Very interesting.

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Appraisal Training Inspection Real Estate 94

Raleigh Realty

AUGUST 20, 2022

To shield you from any surprises, here are the typical costs when buying a home: Earnest money Closing costs Property taxes Homeowner’s Insurance Funding the escrow account School taxes Private mortgage insurance Interest rate Moving costs Utilities Homeowners association fees Maintenance and repairs Wondering what these terms mean?

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Realvals

JULY 27, 2022

The appraiser will reach out to schedule the inspection with the real estate agents, who will facilitate the inspection on the seller’s behalf. . During the inspection, the appraiser will measure the property, take photos on the exterior, take photos in all rooms inside, and take notes based on their observations.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

Housing Wire

APRIL 25, 2022

The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. But the increases are already in progress.

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Property Taxes Appraisal Government Valuation 435

Zillow

JULY 15, 2019

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Buyers market : Market conditions that exist when homes for sale outnumber buyers.

Real Estate Agent 56

Real Estate Agent Inspection Insurance Sellers 56

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance.

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Government Real Estate Agent Insurance Property Taxes 148

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes.

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Real Estate Agent Inspection Government Real Estate 72

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. We’ve found five glorious examples of glass houses on the market right now.

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Appraisal Inspection Modernization Business 77