farm appraisal — Basic Appraisal Concepts

PROVIDING LEGAL DESCRIPTIONS

Last year, one of our newsletters was dedicated to explaining the value of legal descriptions in real estate appraisal.

Guest UserMarch 7, 2020PROVIDING LEGAL DESCRIPTIONS, home appraisal, farm appraisal

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.

Guest UserMarch 7, 2020farm appraisal, land, home appraisal

BETWEEN INSPECTION AND APPRAISAL

Our appraisers face a recurring situation: One of them arrives at a property to do the inspection and meets the owner, buyer, or some other interested party.

Guest UserMarch 7, 2020home appraisal, farm appraisal, land appraisal

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?”

Guest UserMarch 7, 2020farm appraisal, home appraisal, time

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.

Guest UserMarch 7, 2020trainee appraiser, future, farm appraisal