Remove 2022 Remove Contracts Remove Home Value Remove Reconsideration of Value
article thumbnail

Practical Tips for Working With AMCs

Appraisal Today

Reconsideration of value and Appraisers. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. We all like free Liability advice!

article thumbnail

How to Find Comps With Few Sales

Appraisal Today

The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. Fannie reports that it filed 1,083 state board tips (complaints) against appraisers associated with its 2022 loan production—for just one year.