When I talk with people about what my home is worth, people use a lot of different terms. What is the difference between an appraised value, listing price, market value, and assessed value of a house? And why is the assessor’s value of my house so different than actual sale prices I’ve seen in my […]
A big “Thanks” to Joan Trice and the Allterra Group for holding another great Valuation Expo. This year was the 15-year anniversary and the Expo did not disappoint! I had the opportunity to speak at the recent Valuation Expo held in Las Vegas. My talk was called “Everyday Compliance Items and Your Appraisal Business” […]
This article was originally printed in the April 2014 edition of Appraisal Today, “Handling “instructions” to not make time (market conditions) adjustments without losing your client” by Joshua Walitt A few months ago, I posted to my blog several sample “instructions” I received from lenders, one of them telling me to remove a […]
Click the image to read the text of CP-44, Adopted June 3, 2014… The Colorado Division of Real Estate site is here.
Question: We’re thinking about selling our house for-sale-by-owner. A house recently sold in our neighborhood for about $120 per sq.ft., so I thought we could multiple our house’s sq.ft. by $120 to figure out the value of our house. But my wife says that won’t work. Who’s right? Price-per-square-foot (sq.ft.) can be an […]