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Functional Obsolescence for Appraisers

Appraisal Today

Understanding Functional Obsolescence in Appraisals By: McKissock Excerpts: For appraisers, functional obsolescence can be a challenging concept because the elements that influence property values may not be obvious or immediately apparent. He won election as the nonpartisan mayor of Carmel-by-the-Sea, California in April 1986.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

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Risk of mortgage fraud is on the rise in the current market

Housing Wire

β€œIt becomes a more concerning 1 in 23 if we only look at investment [property] purchases,” she added. A website tracking some of those cases, the Mortgage Fraud Blog , highlights 10 federal cases from March, April and early May. Million β€” [Tampa, Florida]. Purchase rate locks, by contrast, were up 2.2% Petersburg.

Mortgage 391
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OK to average adjusted comps on appraisals?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? The house is like a piece of art.”

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USPAP Myths for Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway.

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Get ready to be gouged on home appraisal fees

Chicagoland Appraisal Blog

Providing residential real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO, IRS Tax Purposes, Elder Care Planning and more. Let me know in the comments below.

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More Crazy Appraiser Stories!

Appraisal Today

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. 2022 year-end tax planning for appraisers. By McKissock.