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Appraising New Construction

Appraisal Today

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. I finally quit doing them – too much hassle.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

2008 illustrated to the market what happens when too many interested parties get a hand in sales transactions.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. ” “Location, location, location!