Appraisal Articles 2019 Free Appraisal Articles for Appraisers and the Public
Feb 7, 2014
I just want readers, contributors and potential contributors to realize that the...
Dec 28, 2013
Articles that are not deemed contributory are removed from this site promptly, so we would...
Nov 30, 2013
Please pardon our somewhat painful transition, we have been working with Subrion.com...
by Administrator on Jun 6, 2009 • Property Appraisal • 1767 Views
As it becomes more and more difficult to find comparable vacant land sales in the Las Vegas market, due to decreasing sales volumes, some appraisers have turned to past sales. The selection of past vacant land sales is, however, fraught with a number of potential problems.If you are a commercial appraiser in Nevada you have already been faced with the fact that there are very few land sales that have been transacted in 2008 and 2009. A recent report by the Bently Group (www.thebentlygroup.com) indicated that "the vacant land market continued to report a slowdown in sales volumes and reduced pricing." Based on their report there were only 77 vacant land transactions during the 1st Quarter of 2009.
by Administrator on Jun 19, 2009 • General Appraisal • 1984 Views
After the Savings and Loan crash in the late 1980's, appraiser licensing was put into place in 1991 by the federal government in an attempt to avert another banking disaster. Here we are, however, in 2009 with a much larger banking disaster to deal with. So clearly the original plan for appraiser licensing has ended in failure.
by Administrator on Jun 24, 2009 • Property Appraisal • 1672 Views
If you have an interest, and you have been watching the reports and articles on the vacant land market in Las Vegas you likely have come away confused. Here are some interesting facts that you, as an appraiser, buyer or seller may want to consider the following. 1. Some published vacant land sales reports being circulated include trust deed sales or foreclosed properties that have gone back to the original owners for the mortgage amount owing. These sales are not market sales, they are not sales made between "willing buyers and willing sellers," they are simply properties lost due to too much debt and the sales do not reflect market activity. The inclusion of this information in a sales activity report artificially bolsters the number of sales and the price per acre reported. So if the sales report you are reading indicates that foreclosure information is included, take the information with a grain of salt.
by Administrator on Jun 25, 2009 • Market Conditions Articles • 1724 Views
NAR's decsion to attack the HVCC via the NY Attorney General's Office and FHFA to bring appraisals more in line with sales contracts is not beneficial to the appraisal industry.
Mar 1, 2014 • 2548 Views
Jul 25, 2013 • 2059 Views
Apr 1, 2012 • 1686 Views
Aug 13, 2013 • 810 Views
10350 Views