article thumbnail

The Loan Officer’s Guide to Appraisals, Part 1:  The Final Inspection

Riverfront Appraisals

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. The post The Loan Officer’s Guide to Appraisals, Part 1: The Final Inspection appeared first on Riverfront Appraisals.

article thumbnail

Modular vs Manufactured-There IS a Distinction

Town & Country Residential Appraisals

First we must understand that the term “mobile home” is obsolete and refers to transportable homes constructed prior to June 30, 1976. The major distinction between a modular and manufactured home- the standard to which they are constructed. Manufactured homes are built 100% off site and constructed on the chassis.

article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

Sometimes a homes across the street are not the same pool of buyers as a home a block away, even if it is the same builder and floor plan. Because of where buyers want to live. ” “When to use new construction or remodeled construction as a comparable.” The subdivision decides the market value of a home.