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Appraisal worries

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Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1438
Location: ALASKA


135.80 Dollars($)

PostPosted: Wed May 09, 2007 5:01 am    Post subject:

Welcome Rivan,

I'm not aware of this but give me some time and if I get any info, I shall surely let you know.
 
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Icon Mini Profile mikeshapiro
mike.shapiro
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Joined: 04 May 2007

Posts: 67
Location: Phoenix, AZ


27.21 Dollars($)

PostPosted: Wed May 09, 2007 9:45 am    Post subject:

The best approach is a case to case decision. I can say usually with residential property the sales comparsion is. There are times when the cost approach is needed and given more consideration than the sales comparison approach.

when an appraiser completes the appraisal he/she will address which of the three approaches, if not all of them were used and will provide reason to why one or two were not used if they were not.
 
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