Annarbor Appraisal

APRIL 9, 2020

If prices had already started to level even with an extreme shortage of inventory, what will happen when the market unfreezes and buyers and sellers are free to move around again? What about property taxes and their effect on affordability? What happens if the unemployment rate tops 30%? What happens if it only tops 15%?

Property Taxes 78

Property Taxes Buyers Sellers Realtors 78

Appraisal Today

SEPTEMBER 22, 2023

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. At the current mortgage rate, and with a 20% down payment, homes priced at $250,000 will have a typical monthly payment of around $1,358, before property taxes and home insurance costs.

Appraisal 94

Appraisal Training Inspection Real Estate 94

Appraisal Today

SEPTEMBER 9, 2022

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) Appraising was so much easier when I worked for an assessor in the late 1970s.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52