Appraisal Buzz
OCTOBER 11, 2021
Some appraisers are vehemently opposed to some of these modernization efforts because they remove some of the steps in our traditional process. In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data.
Property Metrics
MAY 28, 2021
Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.
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Appraisal Buzz
OCTOBER 10, 2022
After all, algorithms themselves are simply tools that enshrine the biases and ethical failings of those who design them. Many advances have been made over the years to enhance techniques for developing real property valuations. For all the value of technology, we would be wise to avoid mistaking these tools for the solution.
Appraisal Today
OCTOBER 27, 2023
This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. Now on the market for $8 million, the home was designed with true ocean fanatics in mind, explains listing agent, Pattie Lawton, of Sotheby’s International Realty. “A
Eppraisal
JUNE 14, 2022
According to an article written by Jennifer Schmidt and Richard Haddad on homelight.com titled, What is Considered a Fixture When Selling a House? , "A fixture is typically defined as an object that is physically attached to real property that would require tools to remove it."
Appraisal Today
NOVEMBER 20, 2022
In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. Failure to analyze the sales history of the subject property. Failure to disclose significant real property appraisal assistance.
Appraisal Today
SEPTEMBER 9, 2022
Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. The importance of this cannot be overstated. The appraiser must now reconcile these three values into one final opinion of value.
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