Kevin Rising
Sophomore Member
- Joined
- May 19, 2005
- Professional Status
- Certified Residential Appraiser
- State
- Arizona
I have been requested to complete an appraisal on an unusual property. Basically it is a manufactured on located in a manufactured home park. The owner owns home but the lot is a coop. The county does not show it as an individual lot. The intended ue is for the homeowners own information or purpose. The user is the homeowner.
I have decided that I’m not going to do the appraisal. But I would like to give they client some guidance. I have left a message for the Board of appraisal to determine if as a certified appraiser my license covers this type of property.
So what do you think? Is it even a real state transaction? I have done coop’s as condos but there is a deed that is recorded. I’m not sure the manufactured home transaction a recorded deed.
So I guess what I’m asking for is your collective experience on such a transaction.
I have decided that I’m not going to do the appraisal. But I would like to give they client some guidance. I have left a message for the Board of appraisal to determine if as a certified appraiser my license covers this type of property.
So what do you think? Is it even a real state transaction? I have done coop’s as condos but there is a deed that is recorded. I’m not sure the manufactured home transaction a recorded deed.
So I guess what I’m asking for is your collective experience on such a transaction.