Cleveland's hot housing market has cooled significantly. What does the housing market look like currently? I talk about it in this article.
Tag: Market Value
Do Appraisal Gap Clauses Impact Appraisals?
Do appraisal gap clauses influence the appraiser's opinion of value? In this article, I answer this question.
Is Your “Crazy” Neighbor Lowering Your Home’s Value?
Is your neighborhood difficult to live next to? Is their property an eye-sore? Can having a neighbor like that lower your home's value? I tackle the answers to these questions in this article.
Who Needs Appraiser’s When One Has Cash?
Who needs an appraiser when one has cash? That's a question a good friend asked me after telling me that a home on the same street from them sold, in hours, for a much higher price than many other generally similar homes are selling for in the neighborhood. The buyers paid cash. I must admit,… Continue reading Who Needs Appraiser’s When One Has Cash?
What Does It Mean To Be Neutral?
Why is it important for the appraiser to remain neutral? What kinds of situations must appraisers be careful in this regard? I discuss this in this article.
Valuation Is Not A Guessing Game, It’s a Development Process
Have you ever wondered why an appraiser will not give you an answer about your home's value at the end of the inspection? There's a reason for that! I talk about it in this article.
Does Being Located in A FEMA Flood Zone Impact Value?
Do you know if your home is in a FEMA Special Flood Hazard Area (SFHA)? Does it make a value difference? I recently appraised a home in which the lot was located in numerous flood zones. In fact, I see this on a fairly regular basis. The answer to the opening question regarding value is… Continue reading Does Being Located in A FEMA Flood Zone Impact Value?