Remove Development Remove Real Property Remove Reconsideration of Value
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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”. One possibility being discussed is a standardized reconsideration of value process that a property owner can utilize if they believe their house was undervalued by an appraiser. Paul, Minn.).

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Types of Appraisal Values

Appraisal Today

Depending on the specific appraisal assignment, different types of value may be considered. 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.

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Are Appraisers Professionals?

Appraisal Today

By staying honest and true to your values, others are more likely to trust and collaborate with you or recommend you and your business. Expertise Professionals strive for proficiency in their field, continually enhancing their knowledge through education, webinars and personal development efforts.

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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?” Excerpts: What does the appraiser do with the three different values that may be developed? To read more, click here.