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Real estate appraisal is a highly dynamic profession even in the most ordinary times. Market conditions are always in flux, and real estate investors and underwriters must periodically reexamine their expectations. The theory and practice of appraisal continue to evolve in response to the changing concerns and behaviours of market participants. The technology available to appraisers expands as computerized applications and databases are developed. If change typifies the appraisal field in normal periods, the late 1980s and early 1990s have witnessed an extraordinary volume of events affecting the appraisal profession. The entire working environment of appraisers has recently been altered by the impact of new legislation and regulation. In today's unpredictable economy, it is absolutely essential for appraisers to keep up with current developments and to incorporate the latest concepts into their work. To meet the needs of both seasoned practitioners and students entering the field, this book has been extensively revised and updated to address current concerns. It provides state-of-the-art analysis and discussion of the appraisal process and the three approaches to value. New topics covered include: state licensing and certification, legislation affecting appraisers, professional liability, review appraisal, environmental hazards, recent monetary policy and ongoing events in the thrift industry. Of the wealth of data collected for the 1990 census, the GIS database and TIGER files are specifically highlighted for their usefulness to real estate research. Market analysis, which has become increasingly important within the appraisal field, has received expanded coverage. Where relevant, this edition also reflects the provisions and usage in the Standards of Professional Appraisal Practice of the Appraisal Institute.
Title: Elderly Housing: A Guide to Appraisal, ...
Publisher: Amer Inst of Real Estate appraisers
Publication Date: 1988
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: No Jacket
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