My New Blog Appraising: Using Distressed Properties as Comparables August 4th, 2009 2:05 PM This is an interesting article regarding the use of distressed sales as comparables. Some appraisers are using bank owned and short sales as comparables (sometimes that is all that is available), which can be risky due to unknown factors such as the interior condition. Appraising today calls for extreme due diligence - making calls to Realtors and verifying as much information as possible is necessary to have accurate values. http://www.nahb.org/news_details.aspx?sectionID=0&newsID=9369 Posted by Jennifer Rowe on August 4th, 2009 2:05 PMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: Article on Green Home Appraisals & Insurance Help for Homeowners DSIRE Our Country has changed! Appraising: Using Distressed Properties as Comparables May 1st not a good day for many Appraisers WiserEarth Green is Good! Some Markets Showing Improvement Are we finally at the bottom?? Archive: October 2008 Times Have Changed Posted by Jennifer Rowe on October 26th, 2008 11:32 AM December 2008 Proposed 4.5% Interest Rate Posted by Jennifer Rowe on December 15th, 2008 1:47 PM November 2008 2008 Sales Have Improved Posted by Jennifer Rowe on November 19th, 2008 3:38 PM December 2008 (1) November 2008 (1) October 2008 (1) My Favorite Blogs: Brittex Appraisal Services, Inc. Sites That Link to This Blog:

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