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Retrospective Appraisal

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mark peters

Freshman Member
Joined
Jul 22, 2002
I am doing a retrospective appraisal and wondering what the effective date and the signed date will be.
My thoughts are that the effective date will be the date that the client wants me to appraise for (retrospective date) and the signed date will be when I actually sign the report. I am sure this appears to be pretty obvious but just want to make sure. Any thoughts or suggestions? Thanks

Mark
 

Walter Kirk

Senior Member
Joined
Jun 24, 2003
Professional Status
Licensed Appraiser
State
New Jersey
Mark,
You are correct. Every Time I do a retrospective appraisal I explain the difference between the valuation date and the inspection date in the comments area of the URAR.
 

Restrain

Elite Member
Joined
Jan 22, 2002
Professional Status
Certified General Appraiser
State
Florida
I'm doing an estate appraisal right now. The date is as of the date of death and the comparables are researched accordingly. You can use one that closed after the date, but it needs to have been under contract prior to the effective date of the appraisal.

Roger
 
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