Monthly Archives: August 2014

Appraising Mold Contamination

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Losses due to mold contamination for your property–owning clients may not be limited to the cost of repairs aka cost to cure. Stigmatized properties can take months, even years, to recover from a blighted image. In fact the Uniform Standards of Professional Appraisal Practice (USPAP) states in provision AO9: “The value of an interest inLosses due to mold contamination for your property–owning clients may not be limited to the cost of repairs aka cost to cure. Stigmatized properties can take months, even years, to recover from a blighted image. In fact the Uniform Standards of Professional Appraisal Practice (USPAP) states in provision AO9: “The value of an interest in impacted or contaminated real estate may not be


Property with Limited Comps

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When appraising a home, there are a multitude of factors appraisers must consider when determining its final market value. Most everything that a typical real estate buyer would look for in a home needs to be weighed by the appraisers. This includes everything from neighborhood marketing time, to proximity to flood zone, to zoning andWhen appraising a home, there are a multitude of factors appraisers must consider when determining its final market value. Most everything that a typical real estate buyer would look for in a home needs to be weighed by the appraisers. This includes everything from neighborhood marketing time, to proximity to flood zone, to zoning and school districts. The major factors used in developing an