Patience Makes Perfect

This month’s blog post highlights a few scenarios in which appraisal customers should insist on a slower turnaround time, rather than the typical As-Soon-As-Possible delivery date. Anything worth doing takes time, and appraisals are no different.

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Stan ChoateComment
Appraised Value vs Selling Price

Sometimes there can be a difference between the listed/selling price and the appraised value of a property. Why is this? Read this month’s blog post to learn the answer.

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Why Didn't You Use That Sale?

Sometimes we are asked why we didn’t use a certain sale in our appraisals. There can be various reasons why. Read this month’s blog post to learn more.

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Tools of the Trade

Any appraiser who has been in the industry for a while will tell you there has been some major changes in how they do their job. Read this month’s blog post to learn more about what our appraisers use to quicken their pace without sacrificing quality.

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Stan Choate
The Method to the Madness

At Spurgeon Appraisals, we not only care about providing thorough, high-quality appraisals, but doing so in a process as smooth and transparent as possible. In this month’s newsletter, we will answer some of the more common questions we receive from our clients.

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Appraisal 101

People sometimes have questions about when and why an appraisal is needed and also what impact it will have. This post answers these questions.

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THE VALUE OF LEGAL DESCRIPTIONS

Nothing is more important for appraising land than knowing what land to appraise. Inspecting the property, determining the acreage, valuing buildings on the subject

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COST TO CURE

We are frequently asked to appraise properties that either have ongoing repairs, are not entirely finished, or have a significant and obvious deferred maintenance issue inconsistent with the condition of the rest of the structure.

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HIGHEST AND BEST USE

What is the first step in the appraisal process? Depending on who you ask, you may get a variety of answers, such as: inspecting the site and improvements, collecting public data about the subject property, searching for sales, or even – getting paid.

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WHAT IS U.S.P.A.P.?

No matter your profession, your work and conduct is likely subject to compliance with a myriad of regulations.

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IT'S ABOUT TIME

When someone calls our office about an appraisal, one of the first questions we ask is, “What is the Effective Date for the report?”

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TRAINEES ARE THE FUTURE

Whether you’re trying to order fast-food or visiting the doctor’s office, the word “trainee” is the last word you want to see on a name tag or hear from the receptionist.

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HOW TO ESCAPE A BAD DEAL

At Spurgeon Appraisals, we are occasionally faced with tense situations over the value of real estate. After being hired to appraise some particular property, we begin to see that the property is not worth what everyone else expects.

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