New Appraisal Institute Book Examines Complex Residential Properties

New Appraisal Institute Book Examines Complex Residential PropertiesThe Appraisal Institute recently published a new book by Maureen Sweeny, which is designed to help industry professionals better understand the physical and legal components of condos, co-ops, and planned unit developments (PUDs), gather and analyze relevant data, and develop well-supported value conclusions.

This new book – known as “The Valuation of Condominiums, Cooperatives, and PUDs” – examines the physical and ownership characteristics of these property-types, and also demonstrates how to analyze local markets, identify appropriate elements of comparison, and apply relevant valuation techniques. In addition, the book includes lists of comprehensive questions to ask when gathering data and useful tips for writing credible appraisal reports.

“Appraising association properties requires a unique skill set,” said Appraisal Institute President Stephen Wagner in the press release. “The Valuation of Condominiums, Cooperatives, and PUDs will help valuers develop their skills and feel confident taking on a wide variety of assignment types.”

For more information, or to order a copy of this new book, visit the Appraisal Institute’s website.    

 

Source:
Appraisal Institute – appraisalinstitute.org

Topics: Lenders, collateral management, Appraisers, AMCs, Compliance, residential mortgage industry, Appraisal Process Management