Hiring someone to complete an appraisal of jewelry or antiques (personal property), the value of a business (business valuation), or of real estate (real property) can be challenging. When ordering a real property appraisal lenders have the advantage the real estate appraisers
Throughout New England in every city and town there is a well-trained assessor who, on occasion, could use the services of an appraiser and typically has the budget to pay them. This typically occurs when a taxpayer files an appeal to the assessor’s valuation.
What is “green.” Sometimes we act like it has a definition we’ve all agreed on. We often bid against requests for proposal that identify the subject as a green property only to find out, after the award, that the building has a little extra insulation and a heat recovery ventilator.
The appraisal profession has been changing over the last ten years as the economy, real estate market, demographics and laws have changed. Residential appraisers, especially, contend with more requirements, client requests and an increasing amount of work required for each appraisal.
Appraisers are like old football players; they are running hard to keep up with ever-faster players. With the arrival of truly BIG DATA, and the seeming movement towards alternative valuations, it seems like the appraisal industry is in a bit of a free fall.
Appraisers are often asked to estimate the value of urban parcels under two scenarios: As is and subject to the owner obtaining specific development entitlements. However, larger development sites tend to have a limited number of recent comparable transactions available for review.
With the third quarter of 2017 closing, here is a snapshot of market conditions in various sub-markets within the Washington County Vermont single unit real estate market.
Do insurance premiums ever go down? And still provide more coverage? The answer could be yes to both. But first, we can take a look at what drives the cost of any insurance policy.