The Premier Online Community for Real Estate Appraisers!
-
Welcome to AppraisersForum.com, the premier online
community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.
condition rating
-
What Improvement Description do you choose for new constructions?
"Not Updated" or "Updated" and why?- spittman
- Thread
- 1004 condition new construction not updated updated
- Replies: 10
- Forum: General Appraisal Discussion
-
I
Condition, Square Footage Adjustments
I'm a residential real estate agent. The most common adjustment I see on appraisals is on the interior square footage (GLA) of a home. How do appraisers arrive at a figure for the adjustment per square foot? I would think the adjustment per square foot would be different for 2 houses that have...- investor
- Thread
- square footage
- Replies: 44
- Forum: Ask an Appraiser
-
N
Older But Updated Vs Well Maintained For Good Condition
I just wanted to get some opinions on how other appraiser adjust for condition or for how many updates a property has. How do other appraiser adjust when an older property , perhaps 60 years old, but was updated say 10 years ago vs adjusting for a property that is only 15 years old and hasn't...- Nick1985
- Thread
- adjustments condition updates
- Replies: 13
- Forum: Fannie Mae, Freddie Mac, USPAP
-
Condition Rating And Economic Life For A House With Foundation Damage
Hi everyone. Upon an appraisal inspection for a sale of a 2-story home constructed in 1981, I discovered a network of substantial cracks in the basement foundation wall with part of it bowing inward about 2 inches over an approximately 8'x10' area at the corner of the home. After speaking with...- pdaniel7
- Thread
- foundation damage remaining economic life structural damage
- Replies: 25
- Forum: Urgent - Help Needed