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An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. Thus, the cost of a house depends on both the construction and land cost. The appraisal will consider the market value of the land. Construction Cost. The land size.

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Pros and Cons of Complex Property Appraisal: Insights from a Florida Appraiser

McKissock

In my previous blog post , I observed that specializing in complex property appraisal can be very profitable for the residential appraiser—in Florida and all across the U.S. Historic properties and/or neighborhoods. One-of-a-kind properties (no comps). Design (dome, log, etc.). Many gated communities.

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FREE Webinar: Update on Current VA Appraisal Topics

McKissock

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute.

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What New Appraisal Specialty Do You Wish to Break Into?

McKissock

What new appraisal specialty or niche would you like to break into? Review appraisal (23%). “I’m an experienced, designated appraiser who is trying to expand my review work, particularly in the area of eminent domain. ” “Appraisers who don’t do their ‘homework’ do a disservice to their clients.

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FREE Webinar: Update on Current VA Appraisal Topics

McKissock

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute.

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Property Values Continue to Rise, Refinance Apps Fall to 22-Month Low, and Other Appraisal News

McKissock

The article cites the pandemic, as well as shortages of lumber, construction materials, and skilled labor as reasons for why residential property values continue to increase. Appraisal webinars: Get up to speed on hot topics in the appraisal industry with our Pro-Series webinars. Refi app volume slips to 22-month low.

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. This, in turn, may help you manage your liability.