Richard Glesser's (richardglesser) Blog

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Real Estate Appraiser - North Country Appraisal Services

ARCHIVED BLOG POSTS

2008 

July is one of the busiest times in Northern Michigan with many festivals and events worth attending.  A few of the major ones are: National Cherry Festival in Traverse City July 5 - 12 with activities all week featuring an Airshow with the Navy's Blue Angels and major concerts each night on the ...
06/30/2008
While out on the road over the past weekend, I made the following observation, particularly based on traffic patterns of I-75 and US-127.  It appears that the week-long vacationer is following through with their plans since the impact of the higher gas prices is limited to the to & from travel.  ...
06/30/2008
The following is a short list of Do's & Don'ts as well as a little extra information for the owners of manufactured homes.  It has culminated from years of appraising and actually owning such homes. 1.  It is and always will be a manufactured home.  You and your Realtor can call it modular, you c...
06/30/2008
5 Comments
Traditionally, the local MLS data has been private information available to only members with strict penalties for providing access to non-members.  With the development of the internet, information has become less priviledged.  I have recently done some appraisal work for a national vendor which...
06/26/2008
Much confusion appears throughout the real estate world as to the correct terminology for factory-built properties which are now considered to be real property.  It is my hope that in this short series of posts, the differences can be clarified. Essentially, there are two types of factory-built h...
06/24/2008
Over the past 18 months, I have paid special attention to market trends and values throughout Northern Michigan.  I have isolated several markets and completed an in-depth sales analysis on each.  The conclusion reached is that, while values have not risen as had been the trend for the past 10-15...
06/19/2008
6 Comments
Everyone's pointing the finger at someone for the mortgage and foreclosure mess of today's market.  He's one to pull at your heartstrings. Just called to schedule a VA foreclosure appraisal inspection.  The guy just got back from deployment to find his savings, wife, and family gone.  Add to that...
06/05/2008
I don't like paying to fill up any more than the next guy.  But while everyone (me included) complains about the rising gas prices, I took a moment to reflect on the overall effect on my bottom line. The other day I drove about 2 hours round trip to complete an inspection.  That required about 6 ...
06/04/2008
10 Comments
Actively appraising and also reviewing many appraisal reports in Northern Michigan, I am aware that it is common practice for appraisers to use the MLS photos in their reports for the comparable sales.  I personally do this because the Realtor had the opportunity to select the best view of the su...
06/04/2008
Located in a relatively rural area which is extremely widespread, I have for several years utilized the MLS photos in my report.  This does not replace viewing them in person, but also does not require me to revisit properties for each report.  As of yet, no report has been rejected based upon th...
06/04/2008
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Richard Glesser

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