Cleveland Appraisal Blog

APRIL 21, 2022

Is the condition of the neighbor’s property having an impact on the safety or soundness of the properties around it, or is it just an eye-sore? Is there some characteristic of the property that is creating damage to the properties next to it? What if the neighbor’s home in poor condition, was purchased and then renovated?

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Market Value Appraisal Agents Real Estate Agent 354

McKissock

FEBRUARY 16, 2021

To examine the feasibility of renovating, expanding or repositioning an existing building. 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. To establish value of the real property in a bankruptcy filing.

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Appraisal Tenants Construction Renovations 96

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

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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Appraisal Process Real Estate Appraisal Renovations 78

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. However, the appraisal of residential property involves several detailed steps and considerations. It helps you make informed decisions when you’re eithe­r on the buying or selling end.

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Appraisal Property Appraisal Market Value Real Estate 78

Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.

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Real Estate Tenants Modernization Renovations 50

Appraisal Today

JULY 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Easement Liability, college degree requirement AQB, Fannie June Update, ADUs, unusual homes, mortgage origination stats, etc == = Renovated Modernist Mansion in Salt Lake City for $3.699M Excerpts: 4 bedrooms, 4 baths, 4,660 sq.ft.,

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Appraisal Design Contracts Business 71

The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! There’s an Alternative to Real Property Investing!

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Investing Business Real Estate Buyers 78

Property Metrics

DECEMBER 10, 2021

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes.

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Investors Market Value Investing Real Estate 36

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Sold 4/1/2013 for $998,000.

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Appraisal Agents Real Estate Real Estate Agent 85