Opinions of value can recognize both local and national indicators when appraisers value multifamily rental properties, according to an article from the Fall 2019 issue of The Appraisal Journal.[Read more…] about National Data Can Aid Multifamily Appraisals: The Appraisal Journal
Courts, market participants and valuation professionals have expressed widespread concern about the broad range in real estate values presented by opposing litigation experts regarding single-tenant, big-box properties, according to an article from the Summer 2019 issue of The Appraisal Journal.[Read more…] about Wide Range of Big-Box Values Raises Concerns: The Appraisal Journal
An appraisal is one of the key components of buying or selling a home, and if potential issues are found with that opinion of value, buyers and sellers have options.
Here are four tips to consider before challenging an appraisal:
Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article from the Spring 2019 issue of The Appraisal Journal that explores key issues facing appraisers when valuing timeshares.
“Timeshares, Market Value, and the Real Estate Appraisal Process,” by Richard J. Roddewig, MAI, and Charles T. Brigden, MAI, explores key issues in timeshare appraising, including the need to identify the nature of the timeshare interest being appraised and its marketplace, and finding reliable sources of data when closed sale prices are not readily available.