Posts tagged as:

Comparables

Me, Myself and I – the Tax Appeal Decision

February 12, 2011

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Tax ReVal: What Comps Were Used?

February 11, 2011

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Tax ReVal – The Tax Appeal Appraisal

February 4, 2011

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The Cost Approach

April 27, 2010

The Cost Approach is the second approach an Appraiser can use in making a determination of value. There are two ways to determine the cost: reproduction cost or replacement cost. Reproduction is the exact replication of the house using the same materials, etc. Replacement is the cost to replace the house using today’s materials, etc less accrued depreciation.

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Comp Checks vs. Sales History

April 7, 2010

Surprisingly, there are still individuals and/or entities out there that will call and tell you they have an appraisal order, but before they spend their money or their client’s money they want to see if they could get a comp check to determine if the value is there for the loan to go through!! Of course they ask in many different ways – estimate of value, your take on the value, will the value come close to the number!! They want to hear a number.

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The Sales Comparison Approach

April 5, 2010

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New FHA Refinance Program!!

March 29, 2010

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The Appraisal Process: “The Inspection” (2 of 3)

February 23, 2010

“The Inspection” is the hands on portion of the appraisal where the Appraiser visits the Subject property to do an on-site inspection. For purposes of this part of the series, we will discuss a single family residence (SFR). As I’m sure you expected, here comes the disclaimer. The Appraiser is NOT a building inspector. An Appraiser [...]

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The Appraisal Process: “Due Diligence” (1 of 3)

February 22, 2010

Image by Florian SEROUSSI via Flickr DUE DILIGENCE It must be noted that this series is an Appraiser’s perception of a methodology. The series will touch on the main areas of what an Appraiser does in a typical 1004 appraisal. It is not the intention to be all-inclusive of the actual work performed. It is simply an [...]