When valuing real property, appraisers must consider characteristics the typical buyer expects a property to offer. In this article I discuss how the same home could be considered to be overimproved or underimproved depending on what prospective buyers are looking for.
https://open.spotify.com/episode/3wtSRjvsqLDN6PapZBGtW5 Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. So what can we do? Half my work is non-lending work, and that’s been a blessing. Mortgage lending work is… Continue reading Attracting More Appraisal Business
Have you ever read an appraisal report? It should lead you to the appraiser's value opinion in a systematic way. In this article, I discuss how an appraisal report does so.
Are you a real property appraiser who is looking to expand your field of expertise? Why not consider becoming an expert witness in Eminent Domain work? This article discusses some things to consider when pursuing this type of work as an appraiser.
