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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. Research the specialty property appraisals of those sales and adjust to current dollar values.

Appraisal 158
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2024 USPAP For Appraisers

Appraisal Today

This covers all Definitions, Rules, and Standards. As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Well worth it.