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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.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. If any of the above points are all valid for your deal it could result in a different value conclusion. However, in 9 cases out of 10, an ROV is often used as a vehicle to influence the appraiser’s opinion of value.