Skip to main content

New Book Focuses on Appraising Condemned Properties

Phil Hall
Oct 30, 2018
The Appraisal Institute has published a new book that details the challenges in valuating properties that are subject to being condemned through the eminent domain process

The Appraisal Institute has published a new book that details the challenges in valuating properties that are subject to being condemned through the eminent domain process.
The Appraisal Institute has published a new book that details the challenges in valuating properties that are subject to being condemned through the eminent domain process
In the newly released 300-page “Real Property Valuation in Condemnation,” more than two dozen Appraisal Institute professionals offer their insight on the legal concerns related to the assessing valuations on condemned properties. It also explores how appraisers derive supportable opinions of value that can be used to support the determination of worth associated with properties that are subject to this form of seizure.
 
“Specific legal concepts in eminent domain such as the larger parcel, federal and state rules and just compensation have always complicated the application of the valuation process,” stated Appraisal Institute President James L. Murrett in the book’s foreword. “Those who commission appraisals understand that appraisers are hired to provide an opinion of the value of real property rather than an interpretation of case law. And the evolution of professional appraisal standards provides the clients of appraisers with a sense of confidence in the competence and commitment to ethical conduct on the part of appraisers.”

 
Published
Oct 30, 2018
FormFree Enters Deal To Offer Products to Lenders One Members

Mortgage Cooperative Hopes Automated Borrower Verification Tools Will Enhance Customer Experience

Industry News
Aug 03, 2021
AHP Servicing Names Charles Halko Jr. CFO

Brings 30-Years Of Experience to Chicago-Based Servicer

Industry News
Aug 03, 2021
Ready Capital Announces Deal To Acquire Red Stone

Real Estate Finance Company Expands In Multi-Family Affordable Housing Sector

Industry News
Aug 03, 2021
Anchor Loans Hires Andrew Jewett As SVP, Enterprise Sales

Formerly lead lending at Sundae Inc.

Industry News
Aug 02, 2021
Pretium Adds 3 Execs With Residential Credit Expertise

New Hires Will Serve As Managing Directors

Industry News
Aug 02, 2021
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021