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I'm doing a Refinance Appraisal on a property where the frontal façade is being changed from vinyl to stucco. Of course it was in mid-production when I did the inspection. I'm looking for guidance on what tact to take in reporting this condition. (the owner gave me an invoice that has the down...
I have an appraisal I am completing for a contractor who is buying a property from an in-law. Before he makes an offer, he wants to know what it is really worth. The house needs some work and wouldn't pass an inspection the way it is currently. So I am wondering if I should make it " subject to"...
Do I make this curable functional obsolescence a " Subject To" condition? It seems to me that it's a definite yes,given the safety hazard but want to verify-- maybe "As-Is " with a notation and addressed in depreciation is enough? Also, any ideas on a cost to cure greatly appreciated! Thank you!