transformers
Freshman Member
- Joined
- Apr 3, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Texas
was asked to appraise a house that was used as a bed and breakfast six months ago. Owner says it is now his primary residence. He has a homestead exemption according to tax records.
the problem: under the commercial tab on MLS, the property is currently listed.
can I appraise this house as a SFR? (I am not a commercial appraiser)
do I disclose the commercial listing?
and if so, are we required to search each property under commercial to see if there is any past sales/listings?
thanks
the problem: under the commercial tab on MLS, the property is currently listed.
can I appraise this house as a SFR? (I am not a commercial appraiser)
do I disclose the commercial listing?
and if so, are we required to search each property under commercial to see if there is any past sales/listings?
thanks