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For current purchase transactions, the effective date of an appraisal is typically fixed to the date of the appraisal inspection, where the value opinion in the appraisal report is based on the conditions of the property observed on that date.
My question is, when can the effective date of the...
I am reviewing another appraiser's work and the subject's effective date of data source is 03/17/2016. Comparables 1-3's effective date of data source(s) notes 03/23/2016. Is the Effective Date of Data source(s) typically the same date one goes on the inspection for the subject and the...