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The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. I disputed the appraisal with three more comps along with receipts of all the upgrades over $25,000 and he still refused to adjust the value,” she said.

Appraisal 540
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Editorial Advisory Board Outlook: Insights From Economist, GSEs

Appraisal Buzz

This graceful exit, by definition, will involve a sale of the home, but it could incorporate flexible options that allow the homeowner to stay in the home for a period (i.e., Like many other industries, servicing communication tools have been modernized to provide multiple consumer engagement capabilities and digital touchpoints.

Appraisal 221
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Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” Keep the definition of intended users as narrow as possible. How to Respond to ROV Requests: Updated Guidance.

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Are Appraisers Professionals?

Appraisal Today

Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures. The kitchen also looks like a step back in time but it’s been updated with modern appliances: a fridge and an oven.

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How to Find Comps With Few Sales

Appraisal Today

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. My job was to equalize values so taxpayers had their “fair share” Definitely the best experience I ever had. “I couldn’t believe that something like that was out there.