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Strange Properties Appraisers Have Seen

Appraisal Today

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. Gavin Newsom has signed into law Assembly Bill 1033 on October 11, 2023.

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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

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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8 Common Violations Made by Appraisers

McKissock

But it would be a violation of state law or regulation, depending on who set forth the requirement that you have to include your certification or license number and title with your signature. Failure to disclose appraisal assistance. Failure to disclose significant real property appraisal assistance is another common violation.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. in decades.

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The Value of Words in Valuation

Appraisal Buzz

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.

Valuation 360
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How Are Appraisal Complaints Enforced?

McKissock

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. This law is often called the Administrative Procedures Act, but some states call it something different.

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser. Do familiarize yourself with your state’s appraisal laws and rules/regulations. Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason.