About Matt Clark

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So far Matt Clark has created 116 blog entries.

The Building of an Appraisal-Assignment Results: Why is that Phrase Suddenly So Important?

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, we begin with a foundational understanding of the Uniform Standards of Professional Appraisal Practice (USPAP).  If you’ve taken your 7-Hour Update you know there is a lot of time being spent up front on the phrase “Assignment Results”.  Why did the [...]

By | February 27th, 2018|ABC Tips|

The Building of an Appraisal-Contract with Concessions

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, what happens when you have an assignment that is for mortgage lending, there is a contract pending where there are concessions and personal property being given by the seller to the buyer?  Aren’t they both concessions? That’s a broad question; there [...]

By | February 21st, 2018|ABC Tips|

The Building of an Appraisal-A Client’s Request and Scope of Work

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, we recognize that there is an appraisal problem that needs to be solved.  In some circumstances that assignment will lead to a condition known as a “subject to” conclusion.  The value opinion rendered is based on an assumption that a condition [...]

By | February 10th, 2018|ABC Tips|

The Building of an Appraisal-SR 1-2 and SR 1-3

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, there must be a defined location; its part of the relevant characteristics.  Remember the development SR 1-2(e): (e) identify the characteristics of the property that are relevant to the type and definition of value and intended use of the appraisal,21 including: [...]

By | January 31st, 2018|ABC Tips|

The Building of an Appraisal-SR 1-1

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, the first development standard rule (SR), for real property appraisal is Standard Rule 1-1.  It has three subparts, -1- (a), (b) and (c).  This SR, is a competency pre-requisite that often appraisers will skip when reading the document.  Prior to the [...]

By | January 9th, 2018|ABC Tips|

The Building of an Appraisal-Dates in an Appraisal Assignment

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal, dates are a big deal; have you ever wondered why?  For the obvious beginning of this answer here’s another foundational question, do you want to leave your effective date open?  Most would say “of course not”; which brings me back to [...]

By | December 21st, 2017|ABC Tips|

The Building of an Appraisal-Intended Use of a Vacant Land Appraisal

This is Diana, with ABC-The Appraiser’s Business Companion.  In the building of an appraisal one of the elements in defining the appraisal problem is the intended use of the appraisal.  For example, what if the intended use was to seek a mortgage on a residential vacant piece of land?  The client seeks a current market [...]

By | December 13th, 2017|ABC Tips|

The Building of an Appraisal

This is Diana, with ABC-The Appraiser’s Business Companion.  Although many believe the sections of residential forms must each be treated separately, that line of thinking often leads to a disconnect from the appraisal process.  Very often the appraiser begins first with the subject section, quickly goes through the neighborhood, and then gets to the site [...]

By | December 6th, 2017|ABC Tips|

When Is It Time for the House to Come Down?

This is Diana, with ABC-The Appraiser’s Business Companion.  You see on occasion the discuss of “houses being razed”.  Interesting that its called “razed” and not “raised”.  When you plug in the online dictionaries similar definitions are communicated, “Razed or also rased or razing” means to erase or scrape down, shave off.  The origin is “Middle [...]

By | December 1st, 2017|ABC Tips|

No Zoning and the Site Analysis

In many areas of the country, home sites have no zoning, and in some cases no deed restrictions.  How does one begin a site analysis when there is no zoning?  Where does Highest and Best Use begin?  It begins with understanding the land as vacant in its physical possibilities, legally permissible uses and economically feasibility [...]

By | November 7th, 2017|ABC Tips|