From all of us at Valuation Management Group, a sincere thank you for your partnership in 2013.
We wish you and your loved ones a Happy New Year and the best of health, wealth and happiness.
Compliance is a high-profile issue facing all aspects of a real estate transaction today more so than any time in recent history. The scrutiny being placed on the loan process, documentation, approval, valuation of the asset and how the consumer is treated during the process is at the forefront and has caused some dramatic, and…
The most impactful change for most appraisers and clients are the written report options. Formerly in USPAP, there were three written report options for real and personal property appraisers to use: Commercial Self-Contained Appraisal Report, Commercial Summary Appraisal Report and Commercial Restricted Use Appraisal Report. Now there are only two written report options, Commercial Appraisal…
Here are some helpful tips for working with any Appraisal Management Company. At VMG we try to make your experience as pleasant and smooth as possible. We have someone that answers all calls during operating hours. In addition, we have Client Specialists and Quality Assurance Reviewers dedicated to each client so you always know exactly…
What is a "Complex" Residential Appraisal Assignment
There are many characteristics that can cause a property to be considered “Complex.” Another word for “Complex” would be “Atypical.” The definition of “Atypical” is: not typical: not usual or normal: Source for definition: http://www.merriam-webster.com/dictionary/atypical Properties that may be considered “Complex” could be: When a property differs from: The neighbourhood (this could be due to…
Take a look at this Top Property!
This home is located a quarter-mile off the Atlantic shore of Marathon, FL. With 360 degrees of beachfront, this home sits on its very own private island surrounded by coral reef.
The home is 5,000 square feet and relies completely on solar panels for power, and cisterns collect rainwater. The home has a wrap-around porch, private dock, three bedrooms and two bathrooms. Detached is a guest home including one bedroom and one bathroom.
Currently this home is listed for $12 million.
Photo and story courtesy of Zillow