Appraisal Today

AUGUST 9, 2024

Let’s examine eight different types of value and provide a high-level overview of each. Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most appraisers use the “Fannie Mae” definition of market value.

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Appraisal Today

JULY 12, 2024

At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? The 1007 was not designed for appraising single-family properties that are used as STRs. In response, the AQB has recognized that this request is just one aspect of a broader inquiry.

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Appraisal Today

SEPTEMBER 9, 2022

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?” The appraiser must now reconcile these three values into one final opinion of value. By Greg Stephens, SRA, AI-RRS.

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