Summary: | This 4-hour training is intended for an audience of real estate appraisers. The training is a fast-paced half-day training for those interested in residential litigation and are interested in performing more challenging residential assignments. During this training, you will find out the basics of analyzing atypical residential properties for purposes of litigation. In the first case study, which is about a new house on an old dump, the class will initially identify the appraisal problem. The seminar includes opportunities to distinguish between partial and complete remediation and the role of each in this appraisal problem. Learn to differentiate between pounds of paper and critical information. Then discover how disclosure of defects may affect market value. Identify what to do when a typical sales comparison approach is not applicable. Enhance your skills in an entertaining learning environment. The second case, which involves a home with a disappearing dock, explores deeded rights to community recreational amenities and due diligence in identifying rights associated with ownership. Learn how questionnaires can be helpful problem-solving tools.
The basics of title defect actions require identifying and measuring contributory value of a component, the disappearing dock.
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