- Mar 18, 2006
- Professional Status
- Certified Residential Appraiser
I have been asked to appraise a new construction SFR. My appraisal inspection yesterday shows it is currently about 95% complete (appraisal will be subject to completion). I was sent the "full contract" as stated on the first page of its 62 pages. It's a standard contract between the developer/seller and buyer. There is a hand written line on the fax cover page to someone named Michael that says "you already have the pool addendum". No mention of an in ground pool in the contract I have neither was the pool started yesterday when I was out there. I call the builders rep and he says that there is an in ground pool to be built after closing but it's a separate agreement apart from the contract I have a copy of. It appears to me to be an incentive to close the deal. Would you appraise the home with or without the pool? Thank you for your comments. Bill.