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 […]
I talk with real estate agents almost every day. Sometimes I’m asking them questions about a property that sold which I’m considering using as a comp or I’m teaching a class on appraisals to lenders and realtors. Other times they’re calling me asking about various appraisal procedures or if I can do an appraisal for […]
The proposed AMC Rules from the Agencies are out in draft form. Coalitions, industry organizations, and groups of appraisers are examining these and other Rules. There is discussion amongst appraiser groups and other industry participants like never before. It’s a great time to make your voice heard and to hear what others have to say! […]