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Articles by January, 2015
Appraising Life Estates
by Administrator on Jan 29, 2015 • Special-Purpose Appraisal • 4660 Views
Appraisers only rarely run into requests to appraise life estates, they are not typical and you can’t just put a quick blurb into your report and solve their valuation. Thus life estate interest analyses usually require a narrative report or at least an attached narrative report addenda that details the life estate analysis. If you have read any of the text books or other articles about appraising a life estate in a real property it looks like a relatively simple step-by-step process that almost anyone can follow and complete. The problem is that appraising a life estate can become a lot more complicated once you discover more about it.
What Does the CU Collateral Underwriter Really Do
by Administrator on Jan 29, 2015 • General Appraisal • 1648 Views
My opinion is that regardless of what appraiser opinions are of FNMA's CU (Collateral Underwriter), the process is in point of fact a way for the government to take away an appraiser's right to conclude his or her own appraisal opinion. When someone is second guessing your appraisal process or your final appraised value they are second guessing your judgment.
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