I am right, right?

[Zoe]

If you are doing GSE, your value opinion is likely fee simple property rights and MV definition.

Take that into consideration. Always focus on subject property real property rights and value definition and intended use and user.

 

[Zoe]

I am old enough to remember when GSE was going to pay us for each report we fed CU.

Reported for each report we would get paid $x for each report and intellectual data property rights.

 

[TerryRohrer]

Bookmarking this thread for future use when called about this listing. There is a $42,000,000 sale a couple hundred miles east that will bracket the price nicely (some creativity might be necessary to account for the 70 acres in the listing vs the 65,000 acres in the sale).

5650 Canyonwoods Dr, Billings, MT 59106 | MLS #353486 | Zillow

This 30843 square feet Single Family home has 10 bedrooms and 19 bathrooms. It is located at 5650 Canyonwoods Dr, Billings, MT.

www.zillow.com

 

[Zoe]

Copyright law comes into play on CU.

I majored in marketing.

 

[Zoe]

Bookmarking this thread for future use when called about this listing. There is a $42,000,000 sale a couple hundred miles east that will bracket the price nicely (some creativity might be necessary to account for the 70 acres in the listing vs the 65,000 acres in the sale).

5650 Canyonwoods Dr, Billings, MT 59106 | MLS #353486 | Zillow

This 30843 square feet Single Family home has 10 bedrooms and 19 bathrooms. It is located at 5650 Canyonwoods Dr, Billings, MT.

www.zillow.com

Yes.

Maybe cost approach necessary depending. Possible cost approach most applicable. Sales comparison and income cap approach not necessary for credible assignment results.

 

[Zoe]

CU might say different?

 

[TerryRohrer]

Yes.

Maybe cost approach necessary depending. Possible cost approach most applicable. Sales comparison and income cap approach not necessary for credible assignment results.

Yeah, right. It sold for $7.5 million in 2021, only because the buyer (current seller) had just closed on the $12 million sale of a slum manufactured home court.

 

[Zoe]

Yeah, right. It sold for $7.5 million in 2021, only because the buyer (current seller) had just closed on the $12 million sale of a slum manufactured home court.

You still are very experienced in subject property real property rights, etc.

CU can't do what you do.

 

[TerryRohrer]

You still are very experienced in subject property real property rights, etc.

CU can't do what you do.

I have no concerns about CU. The first and most significant hurdle is the fee I will require to appraise it. I haven't had any takers yet.

 

[Mike Ault]

Now if you want to use a non comparable to bracket (sorry in most cases not a hill worth dying on....the lenders are just trying to get it through)

This absolutely is a hill worth dying on. If you want me to go back out into the field to take a picture of a non-comparable simply to bracket some feature then you're going to have to pay for it. Post submission bracketing stipulations are a "desire", not a "requirement" for 99.9% of clients. Those who insist on things like that aren't clients worth servicing.