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value differences

  1. M

    Black couple settle lawsuit as home value at $500k below real price

    Follow the link, read the article, and discuss. I'm curious everyone's thoughts on this and what it says about our industry. What are the ramifications? What are some ways to address it? How do you think state commissions will respond, if at all? What about the appraisal institute? Black Couple...
  2. Denita Neuenhaus

    Does removing a wall between two bedrooms reduce value from an appraisers POV?

    This house was a 4 bedroom home. The owners removed a wall between two of the bedrooms. They left each closet and each entry into the bedroom. In order to convert it back to a 4 bedroom home a buyer would need to put the partition back between the bedrooms, but that's all they would need to do...
  3. CoCat

    Review Appraisals Fannie Mae 2000

    Good afternoon fellow appraisers. I am writing for some clarification on Review Appraisals. I find the information hard to come by with most trying to avoid review work. I have spent a lot of time chewing on the nuances of the language, the client's typical expectations, and the process of...
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