Design Property Appraisal Reference 
Appraisal Buzz
APRIL 15, 2024
The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. The appraiser will be led through a process, defined by the scope of work.
Appraisal Buzz
MAY 24, 2021
These properties are not for owner occupancy. Because multifamily homes serve a different purpose than single-family properties, appraisers have yet another factor to consider before presenting a number to the bank. Reproduction refers to how much a replica would cost to build. That’s where possible hurdles can arise.
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The Robert Weiler Company
SEPTEMBER 30, 2020
An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.
McKissock
NOVEMBER 5, 2021
JPMorgan Chase has donated $3 million to the Appraiser Diversity Initiative. The self-paced online version of the official 2022-2023 USPAP Update Course is now available, along with the new USPAP Reference Manual. Keep reading for this week’s appraisal news and insights. Property values continue to rise.
McKissock
JULY 20, 2021
No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. Instead, the words “observe” and “observation” are used.
McKissock
NOVEMBER 24, 2022
Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties. We’ve scoured the internet to share numerous resources and useful links.
McKissock
SEPTEMBER 10, 2020
Business components in special purpose properties are often referred to as “intangibles.” Below, we provide an overview of intangibles and outline six special purpose property tips for appraisal reviewers. Special purpose property tips. Usually a special purpose property will be repurposed by an owner-occupant.
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