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Appraisal Today
OCTOBER 27, 2023
Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. Going Above and Beyond with AMCs and Other Clients 5. percent from 7.70
McKissock
AUGUST 13, 2021
Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” That’s the real reason why—because USPAP says so. When should we analyze the contract?
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Cleveland Appraisal Blog
MAY 26, 2023
Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal.
McKissock
JULY 29, 2020
These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. It is important to note that appraisers should not begin using these forms immediately. Appraisers should continue to use the current URAR form for these assignments.
McKissock
AUGUST 11, 2020
In an appraisal assignment or appraisal review assignment, the temptation is there to cut corners in the workfile. This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money.
Appraisal Buzz
AUGUST 1, 2022
As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.
McKissock
SEPTEMBER 10, 2020
The Dictionary of Real Estate Appraisal, 6th Edition defines intangible property as “nonphysical assets, including but not limited to franchises, trademarks, patents, copyrights, goodwill, equities, securities, and contracts as distinguished from physical assets such as facilities and equipment.”
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