Appraising a dockominium

[Emily]

Anyone know which form would be appropriate?

 

[Webbed Feet]

Ms. Emily,

Welcome to the forum. Please state the intended use, intended user by type, and complete a post with some sort of the indication of the SOW.

Webbed.

 

[JRS at OBX]

http://appraisersforum.com/showthread.php?t=125336&highlight=boat+slip

http://appraisersforum.com/showthread.php?t=108840&highlight=boat+slip

http://appraisersforum.com/showthread.php?t=107419&highlight=boat+slip

 

[Dennis J. Black ASA IFAS]

Narrative.

Dockminiums are outside the scope of a cert res license.

Many lenders ask for them on residential condo forms and try and push them through. Had a run in with a lender in the Keys a few months back and he told me they had pushed through a whole bunch. That bank's stock is now much lower.

 

[JRS at OBX]

Dockminiums are outside the scope of a cert res license.

In NC a cert res can do it if it's under 250k.

 

[Emily]

JRS at OBX

Thanks for replying to "appraising a dockominium". I started the report on a GPLAND, seems to be OK. This boat slip is privately owned and the intended use is "asset valuation for legal mediation". My closest comps are 25 miles North in the same county in Fla. Its been a struggle, any suggestions?

Thanks
Emily

 

[JRS at OBX]

I emailed you.

-JRS

 

[Emily]

Ms. Emily,

Welcome to the forum. Please state the intended use, intended user by type, and complete a post with some sort of the indication of the SOW.

Webbed.

Webbed

This dockominium is deeded and privately owned. My assignment is to determine market value for asset valuation for legal mediation, and the intended user is my client and my clients attorney.

Thanks
Emily

 

[Webbed Feet]

Ms. Emily,

Ok, we now have an intended use, and a user by type. So where are the elements of the SOW other than "Market Value?" I would think there would be many more than that or you could not have begun this assignment. Next, if you are still having serious problems regarding development, why are you starting out on the forum only concerned with reporting?

Located in Oregon, I am inexperenced with "Dockominiums." But I know the right questions to ask once I am informed. Is a dockominium, in Florida, personal property or is it real estate?

Webbed.

 

[Dennis J. Black ASA IFAS]

No more Mr. Nice Guy

In Florida Dockominiums Must Be Appraised By Cert Generals. Residential Appraisers Are Licensed To Appraise 1-4 Family Properties.

I Don't Care About What Goes On In Other States. This Appraiser Is In Florida.

The Florida Statutes Rule Here.