- Feb 12, 2002
- Professional Status
- Certified Residential Appraiser
- New Jersey
Subject property backs to 1st tee and fairway of a golf course. The siding of the subject property's right side and entire rear have approximately 500 holes. Additionally there is an in-ground pool. It is clearly obvious that there is a problem. Any thoughts on how to handle this? The borrower has to be aware of the cause of the holes. Does the potential danger and on-going issue deter from the location amenity, the pool amenity. I have my own opinions but I have nothing in the market to support what I believe to be the case - which is the golf course is not a positive and possibly a negative as the problem is not going away.