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Old 06-24-2011, 01:10 PM
gspangler's Avatar
gspangler gspangler is offline
 
Join Date: Oct 2007
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 60
Default REO- was a B&B- zoned residential

Just asking for opinions about H&BU before I decide about this assignment. It's a lake front property in an area of sfr. It's larger than typical for the street and immediate area but there is a lot of variety of property sizes and types on the lake front in general. MLS research revealed in an old listing that it had been used as a B&B. It is zoned SFR. The assignment is for the owner/lender. It is currently listed and being marketed as SFR. Nothing terribly unusual about the function/floorplan other than the six bedrooms.
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Old 06-24-2011, 01:22 PM
Refuse2Lose Refuse2Lose is offline
 
Join Date: Apr 2011
State: New Jersey
Professional Status: Certified Residential Appraiser
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zoned residential, treat as a SFR (legally permissable) however it sounds like an over improvement
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