You’ve probably driven past them hundreds if not thousands of times—maybe in a subdivision, behind a school, or next to a shopping center. A grassy dip in the ground here, a pond with cattails. You might not give them much thought unless you’re a duck—or an appraiser. There are some differences between the two. I'm… Continue reading Retention vs. Detention Ponds: What’s the Difference—And…Is It a Water View that Adds Value?
If you've read through an appraisal report, you probably saw the appraiser's estimated exposure time for the property being appraised. What is the exposure time and how does it differ from marketing time? Why are both important factors to consider? I talk about it in this article. I hope you enjoy it!
An appraisal is a licensed or certified appraiser's opinion of the value of a property. Since it's just their opinion, what makes it accurate? Can two different opinions be accurate? What questions can be asked to aid in determining whether the appraisal is credible? In this article, I discuss this.
