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Appraising Fixer Uppers

Appraisal Today

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Appraisers sought to bracket the subject using three comparable sales. Value acceptance is 3 out of 5 – no appraisers.

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6 Ways to Prevent Conventional Loan Appraisal Revisions

Clear Capital

With so much at stake, a credible appraisal report with the appropriate comparable sales is key to determining the market value of a property and protects the investment of the parties involved in the transaction. When choosing comparable sales, bracket the location or view . But this is not always the case! 1 is location, No.