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Highest and Best Use: A Superpower You Already Possess

Appraisal Buzz

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. First, inspect the site. Level ground or a steep slope?

Legal 243
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Personal Inspection Demystified

Walitt Solutions

“Personal inspection” might mean many things to the ordinary “man on the street.” ” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. The appraiser must be “at” (e.g.,

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Should Property Data Collectors Be Licensed?

Appraiserblogs

Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? HB1663 would establish a license category for property data collectors under the jurisdiction of the Mississippi Real Estate Appraisal Board.

Law 118
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Real Estate Tech Trends for 2025

GoForrmz

Thankfully, technology will continue to play a pivotal role in not only advancing access and tools but also streamlining real estate processes and improving customer experiences. Digital form platforms allow real estate professionals to create, share, and sign documents securely and efficiently.

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5 best Arizona real estate schools for 2024

Housing Wire

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction.

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Why Sellers Shouldn't Ask to See Inspection Reports

Eppraisal

Seller's Residential Disclosures The seller's residential disclosures that you'll most likely be filling out and signing are: a state residential real property disclosure report, a disclosure of information on radon hazards, a mold disclosure and a lead-based paint disclosure. You simply check "yes," "no" or "not applicable."

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4 Key Disclosures and Disclaimers for Hybrid Appraisal Reports

McKissock

The scope of work must disclose the extent the property was inspected. USPAP states that appraisal reports for real property must contain a signed certification indicating whether the appraiser has or has not personally inspected the subject property. Property inspection disclaimer.