Tim Andersen, The Appraiser’s Advocate, enlightens you on all things related to Real Estate Appraisal
Why are neighborhood boundaries so important? Simply put, the concept is one of influence. Whatever influences value is the subject’s neighborhood...
In real estate appraisal, there is no standard definition of a comparable sale. There is no formal definition in the literature. Nobody has a practical...
Are inconsistencies in appraisal reports that bad? Generally, yes! This is because an appraisal report must make sense. It is easy to gather facts...
What does USPAP say about analysis? Specifically, nothing. But it does admonish appraisers to identify it first, and then to analyze it. OK, what...