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Where Does Water Frontage End?
Does your subject property really front on the water? You might remember a case that made national…
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Disclosure Example: Extraordinary Assumption
In an appraisal assignment, an extraordinary assumption is employed to presume certain unknown information as fact. An extraordinary…
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Fannie Mae Issues ANSI Guidance on Condos and More
As of April 1, 2022, Fannie Mae now requires appraisers to measure single-family properties in accordance with ANSI…
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What’s that Smell Worth? Insights from a Seasoned Appraiser
The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and…
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What About Those Fixer-Uppers? Insights from a Seasoned Appraiser
The Issue of “Cost to Cure” We’re all familiar with the term “fixer-upper.” For many different reasons,…
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What’s in a Sales Contract? Insights from a Seasoned Appraiser
Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule…
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Top Ways to Defend Your Work When the Appraised Value Comes in Under Sales Price
This year we’ve seen intense homebuyer competition nationwide, with a record-breaking number of homes selling above asking price…
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4 Key Disclosures and Disclaimers for Hybrid Appraisal Reports
There are numerous items to consider when deciding whether to accept or complete a hybrid appraisal assignment. If…
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Top Appraisal Skills to Sharpen in 2021
What New Year’s goals do you have for your appraisal business? Last month we asked our community…
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Bifurcated Appraisal: An Enhanced Desktop Appraisal
Editor’s note (July 2025): The term “bifurcated appraisal” is no longer used in appraising and has been replaced…
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The Most Challenging Part of the Appraisal Process
Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process?” The…
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The 3 Characteristics of a Reliable Data Source
As a real estate appraiser, there are numerous data types and sources available that you could use to…