Appraisal Buzz

OCTOBER 2, 2024

The data-driven analysis finds that the role of title professionals in maintaining reliable and accurate property ownership records dramatically reduces estimated risk exposure in real estate transactions. The curative work conducted by the U.S.

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Appraisal Buzz

NOVEMBER 27, 2024

“Today and every day, NAR is focused on demonstrating the importance of agents who are Realtors® in the marketplace, creating a transparent and inclusive home buying and selling process, and advancing the right to real property for all.”

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Appraisal Buzz

OCTOBER 3, 2024

The work conducted by the title insurance industry, which includes aggregating and organizing disparate sources of data impacting real property, identifying and remediating risks, and helping resolve errors in the public record, is necessary to clearly and reliably trade property rights and ownership in a real estate transaction.

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Insurance Real Estate Valuation Real Property 384

Appraisal Buzz

MARCH 5, 2025

She has more than 30 years of litigation experience, with 27 years specifically devoted to business and real estate litigation involving the mortgage lending and servicing industries. Her experience has landed her several speaking engagements at training seminars, conferences, and continuing legal education courses on real property issues.

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Appraisal Buzz

JUNE 11, 2024

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the GSEs) under the Duty to Serve (DTS) program. Census Bureau, the nation’s manufactured housing market provides affordable housing to nearly 6.7 Thompson. “I

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Finance Real Property Design Lending 390

Appraisal Buzz

FEBRUARY 17, 2025

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. The result of this test is the most probable use of the real estate.

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Legal Appraisal Easement Valuation 243

Cleveland Appraisal Blog

MAY 9, 2024

GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. The average days on the market for single-family homes was 21 last month, slightly longer than last year. 4% higher last month than a year ago.

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Inventory Appraisal Real Property Property Appraisal 349

Housing Wire

APRIL 27, 2021

It would seek to solve problems in the appraisal industry, such as determining collateral value in areas where there is limited market activity, and identifying barriers of entry to the profession for minorities. Once formed, the task force would “harmonize” collateral underwriting standards, the bill reads.

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Appraisal Valuation Design Real Estate 397

Appraisal Buzz

MARCH 25, 2024

Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people. Imperfect though our efforts may be, we must work to untie the knot of each transaction and of the real estate market as a whole.

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Sellers Appraisal Real Estate Buyers 379

Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. They are excellent at marketing. Just think how much more difficult it would have been to flip in a declining market.”

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Valuation Market Value Appraisal Real Estate 369

Housing Wire

JULY 28, 2022

MassiveCert, in addition to flood zone determinations, provides elevation certificates, Letters of Map Amendment services, private flood compliance, and real-property risk assessment. Xactus’s addition of flood services comes after the solutions provider rolled out a monitoring program in June.

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Insurance Clients Modernization Technology 370

Appraisal Buzz

OCTOBER 10, 2022

Many advances have been made over the years to enhance techniques for developing real property valuations. Forty plus years ago I was taught to use building residual techniques to develop investment property valuations. Where does one go to question or clarify AVMs?

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Housing Wire

NOVEMBER 2, 2022

Once the home arrives on site and is placed on a permanent foundation, it becomes a real property and is able to be financed through a mortgage. million Americans have a chattel mortgage, which accounts for 42% of the manufactured market, according to the Consumer Financial Protection Bureau (CFPB). Presented by: CreditXpert.

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Mortgage Finance Real Property Buyers 418

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 448

Housing Wire

MARCH 11, 2024

In this article, we’ll examine four effective strategies to help you navigate these challenges and prepare your team for the changing housing market. By investing in education now, you’ll be ready to capitalize on a potential market rebound and set your agency apart from the competition.

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Training Insurance Development Client Relationships 444

Cleveland Appraisal Blog

MARCH 26, 2025

The number of bedrooms desired can vary depending on market factors. While that is the case, there is market acceptance for this window configuration. If the market views the room as a bedroom, and we can demonstrate this with other comparable sales, we must address this in our appraisals. But what makes a room a bedroom?

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Appraisal Buyers Renovations Appraisal Process 195

Housing Wire

MARCH 31, 2022

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives.

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Real Estate Human Resources Technology Clients 418

Housing Wire

JULY 16, 2024

Montana never had the population, market or labor force for that. That leads to some challenges in the reverse mortgage space, because many of the properties that borrowers may seek out loans for are very different. You might have a single-family house on 25 acres, which is highly unusual in other markets,” he said.

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Mortgage Easement Home Value Business 435

Housing Wire

SEPTEMBER 13, 2023

Legislative priorities “From its building located steps away from the United States Capitol, NAR advocates for federal policy initiatives that strengthen the ability of Americans to own, buy and sell real property,” NAR says on its website. Taxes, finance, insurance, and consumer product safety round out the top five.

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Realtors Insurance Legal Real Estate 418

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. As the market slows, AMCs and lenders will have more time to dissect reports and actually read them.

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Valuation Appraisal Contracts Legal 360

Housing Wire

JANUARY 24, 2025

Fitch explained that while property insurance serves as the primary protection for mortgage borrowers in these situations, their levels of coverage may not pay for all the costs to rebuild. In the Los Angeles area, preliminary loss estimates from the two largest wildfires the Palisades and Eaton blazes are as high as $45 billion.

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Insurance Mortgage Real Property Design 370

Cleveland Appraisal Blog

FEBRUARY 16, 2024

They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised. The mate on the opposing side accused me of appraising the property at a value that favored my client. I recently appraised a home for a divorce. That’s okay.

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Appraisal Market Value Real Estate Clients 409

Appraisal Buzz

FEBRUARY 20, 2025

The first general session of the day will be Market Update Regulatory Shifts: Navigating the Financial Services Landscape, featuring insights into navigating the evolving regulatory environment and preparing for potential challenges ahead. This session will focus on key issues and legislative updates in real property management.

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Appraisal Buzz

OCTOBER 8, 2021

Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations.

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Appraisal Property Appraisal Real Property Real Estate 195

Housing Wire

APRIL 26, 2021

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

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Agents Brokerage Real Estate Agent Realtors 397

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? That can have a big impact on market value.

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Appraisal Market Value Legal Property Appraisal 358

The Robert Weiler Company

SEPTEMBER 18, 2020

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

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Property Management Real Property Tenants Legal 78

Housing Wire

JUNE 9, 2021

HousingWire recently spoke with Jim Albeertelli, CEO of Voxtur, about the company’s r ecent acquisition and launch of an automated workflow management platform for the global market. HW: What are some of the current challenges regarding property tax assessment?

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Appraisal Property Taxes Valuation Technology 418

Housing Wire

DECEMBER 7, 2023

And then they will impersonate the property owner. They’ll create a fake, government-issued document like a driver’s license or a passport that has all the credentials of the real property owner except for the bad actor’s picture on. And then months and even years later, the real property owner learns of it.

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Real Estate Sellers Technology Real Estate Agent 476

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

Housing Wire

NOVEMBER 9, 2020

At the county level, the Uniform Law Commission in 2004 promulgated the Uniform Real Property Electronic Recording Act (URPERA), representing a model statutory framework to provide county clerks and recorders the authority to accept electronic recording of real property instruments. To date, 37 states and U.S.

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Law Legal Technology Real Estate 468

Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

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Valuation Appraisal Marketing Real Estate 130

Cleveland Appraisal Blog

MAY 26, 2023

They will analyze market conditions and they will look for comparable sales that have sold in the area of the subject property in recent months. They then use a price-per-square-foot method to determine the asking price for the property. If they end up too high, the home will likely sit on the market until the price is reduced.

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Appraisal Real Estate Agent Real Estate Valuation 305

GoForrmz

DECEMBER 5, 2024

How tech solutions are transforming the 2025 real estate landscape The real estate industry is evolving rapidly, and with 2025 on the horizon, the technological advancements, and general market, show no signs of slowing down.

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Real Estate Property Management Tools Clients 78

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. Under fee simple ownership, a property owner may occupy the property and have the right to sell, lease, mortgage, or give an interest away. Note that U.S.

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Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MAY 17, 2024

I enjoy writing and would like to focus on providing articles that I write and including more market stats for the areas of Northeast Ohio that I appraise in. If you’re a real property appraiser in Ohio, check us out! So, thank you to Tina and all my former guest bloggers!

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Renovations Appraisal Logistics Decorating 327

Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. Sometimes, this is a difficult question.

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Appraisal Transportation Buyers Property Appraisal 288