As I write this column, the Massachusetts legislature is considering a bill that would require anyone who performs a real estate appraisal to hold a valid appraiser license or certification.
When did format become as important as content or substance. With regards to appraisal reports and I’m sure other industries as well, there is way too much time, energy, personnel and money being spent to ensure that the format of almost every field in the report is uniformly applied by all appraisers.
Steve Hurlbut is chief appraiser and vice president at Liberty Bank, Hartford, Conn.
However, upon reading an article in the February 9 issue of this publication, I changed my mind, as I was compelled to figure out why anyone would call an appraiser an “intellectual idiot.”
Malden, MA Sandra Heath, MAI, head of appraisal at United Bank of Hartford, Conn., and Anthony Saragosa, MAI, an appraiser at Shuka Associat...
David Kirk, CRE, MAI, FRICS, is principal and founder of Kirk & Company, Real Estate Counselors, Boston.
It’s finally happening. Residential mortgage rates are moving up, as rates increased for the fifth week in a row. The Federal Reserve had hiked interbank lending rates four times last year, but, during that period, bank lending rates did not increase significantly.
With the coming of a even numbered New Year, a new version of USPAP is with us. As of January 2018, the new version of USPAP, good through December 31, 2109, is with us.
In general, I’m extremely jealous of metro-Boston appraisers. While you may think it’s due to the fact you work in a world-class city and have access to some of the best schools, entertainment, sports teams and medical providers in the country, it’s actually because at times you get to appraise in an environment with positive demand metrics.
I was intending to talk to you about the appraisal of esoteric complex properties like Whitey Bulger’s liquor store, value of the only known tea box from the Boston Tea Party, the Pilgrim Nuclear Power Plant nuclear waste issue, the Quincy Shipyard $100 million bankruptcy