Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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Appraisal Law Development Valuation 309

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

Renovations 221

Renovations Buyers Appraisal Investing 221

Miller Samuel

MARCH 19, 2019

The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. You probably think of the market value of your co-op or condo as the price you could sell it for on the open market.

Real Estate 370

Real Estate Law Development Investors 370

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The appraiser also needs to be aware of the zoning regulations, city ordinances, and other restrictions that can affect the value of the property.

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Inspection Appraisal Construction Valuation 148

Cleveland Appraisal Blog

APRIL 23, 2021

Decisions are best made when a person is “of sound mind and body” and can have their decisions legally documented. The UAD and Appraisers – Past, Present, and Future – APPRAISAL TODAY. Davis, Woodland, and Arbuckle Market Update for April and a quick discussion of appraiser shortages – Yolo Solano Appraisal Blog.

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Appraisal Real Estate Logistics Law 195

The Robert Weiler Company

SEPTEMBER 16, 2021

The two main reasons behind obtaining a commercial real estate appraisal are buying and selling commercial property and legal governance. The product of the real estate valuation – the commercial appraisal report – establishes the property’s value at a specific point in time. Description of the commercial property.

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Real Estate Appraisal Property Appraisal Valuation 147

Appraisal Partners Blog

JANUARY 9, 2024

Reasons Why You Should Hire an Appraiser for Divorce Appraisal As discussed, hiring an appraiser plays an essential role in dividing assets and determining the fair market value of residential property. Conclusion Have you got divorced recently but are still stuck defending your assets?

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Appraisal Legal Market Value Property Appraisal 78

Realvals

JUNE 18, 2023

” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraisal will provide you with the current market value of your real estate. An appraisal report provides you with the insights you need to better understand your property and the current market conditions.

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Appraisal Property Taxes Real Estate Market Value 145

Simonson Real Estate

DECEMBER 6, 2022

On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Lamacchia Realty

JULY 24, 2024

No matter the reasoning, it’s important to understand the legal process behind property ownership transfers to ensure all parties avoid potentially damaging legal implications. From the tax implications of deed transfers to advice regarding the filing of legal documents.

Legal 71

Legal Real Estate Sellers Government 71

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Valuation Business Buyers Market Value 147

Appraisal Hub

JUNE 17, 2020

Not only can it be emotionally draining—it also presents a host of practical problems. An appraiser in Toronto is an unbiased third-party that can provide information on the true value of your home. The job of Toronto appraisal firms is to determine a property’s fair market value. A divorce is never easy. What to Expect.

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Appraisal Legal Valuation Market Value 78

Dart Appraisal

APRIL 9, 2021

The Dictionary of Real Estate Appraisal defines Highest and Best Use (HBU) as “The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value.” Maximum productivity.

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Valuation Legal Clients Appraisal 68

Eppraisal

OCTOBER 23, 2023

Your offer will only become legally binding if the seller signs it. Secure a Mortgage Present your home purchase agreement with your chosen lender and submit the other requirements for review. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value.

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Real Estate Agent Sellers Inspection Real Estate 69

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. Attorneys are the professionals who are licensed to analyze and give opinions on the accuracy, appropriateness, adequacy, abnormalities, and legality of contracts.

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Contracts Appraisal Market Value Real Estate 64

McKissock

JULY 6, 2022

Finally, have some type of presentation (I recommend print so they can read it as a follow-up to your appointment) that you can walk them through that describes a typical transaction from A-Z. Customize your presentation to fit the concerns you most often encounter with your clients. We should prepare them for those expenditures.

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Clients Real Estate Contracts Sellers 87

Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date.

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Appraisal Property Appraisal Inspection Legal 78

AmeriMac

OCTOBER 28, 2024

Sold below market value, they often require significant repairs. The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts. The property may also have legal issues, like title problems or unpaid liens, which can affect its value.

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Property Appraisal Appraisal Legal Valuation 36

Eppraisal

JULY 2, 2024

Squatting, the act of occupying an abandoned or vacant property without the legal right to do so, is a growing concern for real estate investors. These challenges can range from financial losses due to property damage and legal fees to prolonged vacancies that delay the ability to sell or lease properties.

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Real Estate Investors Legal Legal Fees 36

Birmingham Appraisal

MAY 2, 2023

This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time. The appraiser will review a variety of data sources to determine the market value of the property as of the effective date of the appraisal.

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Appraisal Market Value Inspection Real Estate 52

The Robert Weiler Company

MARCH 15, 2021

Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. Unique properties for sale present a particular challenge. And, they too, face a variety of challenges unique to their designation.

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Appraisal Property Appraisal Real Estate Buyers 158

Lamacchia Realty

MAY 6, 2024

Living amidst Florida’s tourist attractions presents unique opportunities and challenges, from cultural exchanges to heightened seasonal activity that can influence daily life and property decisions. Legal Know-how for Rentals : Ensure you’re current with local regulations if you rent your property.

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Logistics Realty Transportation Property Taxes 57

AmeriMac

MAY 15, 2024

Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. Unlike a traditional mortgage appraisal that determines the market value of a property, a relocation appraisal focuses on estimating the sales price through prospective analysis.

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Appraisal Market Value Mortgage Appraisal Appraisal Process 36

Will Springer Realtor

FEBRUARY 1, 2022

Buyers often present an offer with an expiration date earlier than the sellers’ review date. Savvy sellers can generate a surge of buyer activity when listing the property slightly below market value with a review date. To accept an early offer may be forgoing more favorable bids yet to be presented. Why does this happen?

Real Estate 36

Real Estate Sellers Buyers Inspection 36

AmeriMac

JULY 25, 2022

Prospective buyers may argue that the estimate does not reflect the property’s current market value, and the property owner may state otherwise. However, a desk review can not verify the accuracy of the data presented in the report. Resolves Legal Conflict. Field Review.

Real Estate 36

Real Estate Appraisal Valuation Clients 36

Appraisal Today

AUGUST 23, 2024

Investors use them to evaluate the value and risk of potential investments. Attorneys order reviews to support legal matters involving property valuation, including disputes and condemnation cases. Insurance companies use them for verifying property values in underwriting and claims.

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Appraisal Contracts Investors Real Estate 69

Valuation Nation

AUGUST 2, 2021

Identification of the Problem to be Solved: This review is intended to assist the client and intended users in understanding the development and reporting of the market value report under review. That would be the CEO, two members of the legal counsel and possibly the person that started the process.

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Appraisal Design Development Legal 40

Appraisal Today

OCTOBER 25, 2024

An adjoining guesthouse was inspired by Versailles’s Le Petit Trianon, which was built for France’s Louis XV and was later presented to Marie Antoinette. The Sandcastle’s interior evokes old-world Europe, the agents said, with mosaics, marble floors, antique statues and rooms clad in solid-gold detailing. The roughly 0.8-acre

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Appraisal Contracts Real Estate Mortgage 77

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers.

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Appraisal Bracketing Valuation Contracts 52

D Fritz Appraisals

OCTOBER 11, 2022

Read on for more information about how a home appraiser determines the value of your property. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Whether a basement or attic are present and their state of finish.

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Appraisal Inspection Property Taxes Easement 108

Appraisal Hub

JULY 22, 2020

Some of the best ones are regularly hired by regional companies, financial firms, lenders, and law firms to provide appraisals for their clients, to facilitate legal actions, real estate transactions, and more. What types of appraisals do you provide? Are you certified?

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Appraisal Clients Real Estate Legal 78

Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. You’ll learn key ways to work on eliminating bias and reduce your legal risk. Legal topics are very popular with appraisers.

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Appraisal Contracts Business Legal 76

Appraisal Today

SEPTEMBER 9, 2022

Get the relevant date of value from the client or client’s attorney. The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). Excerpts: 2. But not one at a time.

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Reconsideration of Value Appraisal Clients Contracts 52

Will Springer Realtor

SEPTEMBER 11, 2024

Councilmember Bob Kettle said the decision to delay was due to “legal issues” that had been raised. Equity rich means that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. The funding mechanism must still be addressed.

Real Estate 36

Real Estate Modernization Government Construction 36