I received a call from a home owner last year. They wanted to order an appraisal of their home. The bank had hired an appraiser to perform a full appraisal. The home owner felt that the value from the first appraiser was not realistic for that neighborhood. Honestly, I thought to myself, "Of course you… Continue reading When Is It Time For a Second Opinion?
Month: July 2018
Our Judgements Are Based On What We Observe
There is an old house on a main street near where I live. It has been used as a commercial property for years. A few years ago, a roofing company purchased the home and use it as their commercial office for their company. Multiple times a week, I drive past this property. I took the picture… Continue reading Our Judgements Are Based On What We Observe
How Land Contributes to Value
Bigger is not always better. Some examples off the top of my head are hair, sugary drinks, shoulder pads, cholesterol and spiders. Clearly this is a subjective list. Perhaps you disagree with my list. I'm sure you could add many examples based upon your experiences. The fact that I came up with these items is… Continue reading How Land Contributes to Value
Markets are Like Roller Coasters. Which Ride Is Northeast Ohio On? A Cedar Point or Memphis Kiddie Park Coaster?
Click Here to Download June 2018 Market Report With Charts (Updated on 07/06/2018) When our boys were small, my wife and I enjoyed taking them to the Memphis Kidde Park to ride the rides. Now that they are 10 and 16, and things have changed. They are all about Cedar Point and their world-class roller coasters. Different roller coasters… Continue reading Markets are Like Roller Coasters. Which Ride Is Northeast Ohio On? A Cedar Point or Memphis Kiddie Park Coaster?