Cleveland Appraisal Blog

NOVEMBER 11, 2021

.” 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? I regularly work for investors who hire me to appraise a home they are interested in buying.

Valuation 369

Valuation Market Value Appraisal Real Estate 369

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. 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. Decide on How to Proceed. Questions?

Investing 337

Investing Renovations Landlords Real Estate 337

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. The introduction of STRs presents a profitable opportunity for investors of all kinds. The spread is 35.9%. Uncertainty!

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Appraisal Tenants Investors Business 148

The Robert Weiler Company

OCTOBER 15, 2021

Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! TABLE OF CONTENTS: The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio.

Investing 138

Investing Real Estate Tenants Investors 138

The Robert Weiler Company

JANUARY 2, 2021

Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. Let us give you a lay of the land (pun intended)!

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Contracts Tenants Legal Sellers 143

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. The introduction of STRs presents a profitable opportunity for investors of all kinds. The spread is 35.9%. Uncertainty!

Appraisal 78

Appraisal Tenants Investors Business 78

The Robert Weiler Company

SEPTEMBER 30, 2020

One result of this may be commercial property owners choosing to file tax appeals. Additionally, lenders, investors, developers, and attorneys may request a commercial appraisal review if they have worries about rental delinquencies or vacancy rates. Concerning capitalization rates, 44.5% Trust the experts!

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Real Estate Appraisal Valuation Property Appraisal 137

McKissock

JUNE 21, 2022

Making a very long story short, an enterprising individual investor discovered the gap and legally acquired that 8-foot strip between the lots and the water’s edge. The homeowners balked at the proposal as well as the prices, and they united to fight this investor.

Appraisal 88

Appraisal Investors Legal Development 88

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Surges in Residential and Commercial Real Estate, and Land Sales. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. And then to complicate things even more, there’s the investor segment of the market.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Simonson Real Estate

DECEMBER 6, 2022

Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process. As investors and owners of businesses, these individuals carry many responsibilities, of which financing real estate is one component.

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Appraisal Process Real Estate Appraisal Renovations 78

The Robert Weiler Company

SEPTEMBER 7, 2022

If that isn’t convincing enough, below are more reasons to buy land in Ohio to move or expand your business; or many commercial investors choose to buy Ohio land for sale to flip for a profit. Less Competition: Most residential and commercial real estate investors buy houses, apartments, or commercial buildings.

Investing 78

Investing Business Real Estate Buyers 78

McKissock

MAY 26, 2023

” The most popular answer was, “Offer your appraisal services to a variety of clients (attorneys, real estate agents, homeowners, property investors, etc.).” This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?”

Real Estate 64

Real Estate Appraisal Marketing Business 64

Property Metrics

DECEMBER 10, 2021

To minimize or defer the tax bill when selling investment real estate, investors commonly use what’s known as a 1031 or Like Kind Exchange. 1031 ), which defines the conditions for tax deferral on the sale of real estate. Doing so ensures that the transaction runs smoothly and that the paperwork is filed correctly.

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Investors Market Value Investing Real Estate 36

Property Metrics

MAY 28, 2021

As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

McKissock

FEBRUARY 23, 2021

Virtually every appraiser will be called upon to appraise such properties on multiple occasions. Many questions arise with appraisal of owner-occupied properties that do not come up with investor-owned properties. “After 35 years of doing restaurant appraisals, I would very highly recommend this course.”

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Appraisal Inspection Development Design 52

AmeriMac

SEPTEMBER 17, 2024

By examining local market trends, neighborhood amenities, and specific features of the property, alternate valuation products provide a detailed view of a home’s value. The Basics of Alternate Valuation Alternate valuation in real property means using different methods to estimate a property’s worth.

Valuation 36

Valuation Real Estate Technology Tools 36

AmeriMac

JULY 15, 2024

The PAVE Action Plan, released by the Biden Administration in June 2021, also highlights the importance of independent and credible valuations in the real estate industry, emphasizing the necessity of accurate real property assessments. They let homeowners tweak their interest rates and the terms of their mortgage wisely.

Real Estate 36

Real Estate Appraisal Valuation Tools 36

Appraisal Today

SEPTEMBER 9, 2022

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) Because of the housing shortage, investors are buying single-family residences.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

OCTOBER 27, 2023

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. Ten-year Treasury yields climbed higher last week, as global investors remained concerned about the prospect for higher-for-longer rates and burgeoning fiscal deficits.

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Property Appraisal Appraisal Business Contracts 89