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Foreclosure/residential land only

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Rumrunner

Sophomore Member
Joined
Sep 19, 2006
Professional Status
Certified Residential Appraiser
State
Virginia
Good morning to all of you brain trust members! Although, I do not have any orders for a land only foreclosure, I am interested in learning the proper forms and procedures that are typical for this type of assignment? If you are willing to give of your time, I would be exceedingly thankful.
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
I use the generic land appraisal in the a la mode software program. There are two versions that I am aware of. You can either use the REO addendum for the three active listings or add an addendum and grid out three active listings. It depents on what your client needs.
 
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