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Cost To Cure

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Bwise

Freshman Member
Joined
May 24, 2017
Professional Status
Certified General Appraiser
State
Ohio
When is the cost to cure required? Mostly looking at commercial or ag reports.
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Typically when its an assignment condition.
 
Joined
Jun 2, 2007
Professional Status
Certified General Appraiser
State
Florida
A new roof requirement is a good physical example... now try to come up with a functional example.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
When is the cost to cure required? Mostly looking at commercial or ag reports.

When saying bulldoze it, makes your report too short.

Otherwise, it's never "required" past the H&B analysis, or some assignment condition of the client.

,
 

Michigan CG

Moderator
Staff member
Moderator
Joined
Nov 1, 2006
Professional Status
Certified General Appraiser
State
Michigan
When is the cost to cure required? Mostly looking at commercial or ag reports.

The four tests of Highest and Best Use will tell you when a cost to cure is applicable.
 
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