New Appraisal Institute book teaches how to appraise "green" homes – NMP Skip to main content

New Appraisal Institute book teaches how to appraise "green" homes

NationalMortgageProfessional.com
Jun 02, 2010

A new book published by the Appraisal Institute helps shed some light for appraisers on how to estimate values for popular “green” home features, such as energy-efficient appliances, toxin-free flooring and insulation and vegetated roofs. In An Introduction to Green Homes, author Alan Simmons, SRPA, LEED AP, provides an overview of the programs, organizations and products fueling the current surge in environmentally responsible building and remodeling. He also offers detailed descriptions of LEED and Energy Star green home and product certification programs and gives updates on environmental organizations that are leading the way in sustainable building. “An Introduction to Green Homes provides a solid foundation for residential appraisers to diversify their practices and become knowledgeable about one of most important forces influencing today’s housing market,” Appraisal Institute President Leslie Sellers, MAI, SRA, writes in the book’s foreword. The book also includes detailed case studies focusing on various attributes of green homes, insights on how green features affect the value of homes and methodologies that can be applied to measure this increment of home value. “Green homes present new opportunities to residential appraisers. As the presence of green homes increases in the housing market, appraisers who are knowledgeable in all things green can gain an edge on the competition,” Sellers wrote in the foreword. Simmons was a real estate agent for 12 years and an appraiser for more than 30 years. He now is a real estate education specialist, working full time in teaching and course development. He spent most of his life and working career in New York State but now lives in Colorado Springs, Colo. He has a bachelor’s degree in economics from Union College. Simmons has taught in 43 states, primarily for appraisal organizations, but also has instructed for real estate and assessor organizations and private schools. He is a Certified Distance Education Instructor and a LEED Accredited Professional through the U.S. Green Building Council. For more information, visit www.appraisalinstitute.org.
Published
Jun 02, 2010
Lenders Complain FGMC Is 'Radio Silent' On Loans

Company said it would stop purchasing new loans in the wake of its mass layoff last week; seeking court-approved financing.

Industry News
Jun 30, 2022
AnnieMac Home Mortgage Acquires OVM Financial

Wants to expand its outreach into the Mid-Atlantic region.

Industry News
Jun 30, 2022
Ready Life Launches Black-Owned Fintech To Help Underserved Borrowers

Ready Life, led by two Black entrepreneurs, is taking aim at the racial wealth gap by starting a mortgage fintech.

Industry News
Jun 30, 2022
FGMC Files For Chapter 11 Bankruptcy Protection

FGMC notified laid-off 471 employees late Tuesday night that it would pay severance.

Industry News
Jun 30, 2022
FGMC Paying Severance To Ex-Employees

Late-night email tells laid-off workers they'll receive one week of pay for each year of service.

Industry News
Jun 29, 2022
Texas, N.Y. Law Firms File Class-Action Suit vs. FGMC Over Layoffs

Both firms represent a former employee suing over lack of 60-day notice before mass layoff on June 24.

Industry News
Jun 29, 2022