when-to-apply-extraordinary-and-hypothetical-assumptions 
Boston Appraisal
MAY 17, 2023
The appraiser must also provide an explanation of how he arrived at the value, as well as any assumptions and adjustments made. In cases like this, the appraiser has to make assumptions about information that cannot be physically verified or collected firsthand. This is of course how a typical appraisal report is generated.
Appraisal Today
SEPTEMBER 30, 2022
Excerpts: For decades, appraisers have been gently reminded to pay careful attention to smoke alarms and carbon monoxide (CO) detectors—especially noting when they are absent altogether. Read this article on how to check CO detectors. You may save someone’s life!! by Kendra Budd, Associate Editor, WorkingRE. CO Detector vs Smoke Alarm.
McKissock
MAY 6, 2022
When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. New construction is treated a little differently by lenders, FHA, and the GSEs. It requires more work, so you want to be sure that you are charging for your effort.
Expert insights. Personalized for you.
148 
Let's personalize your content