FAQs

/FAQs/

What is a 50% Rule appraisal, and do you make those?

Communities that participate in the National Flood Insurance Program (NFIP) write local ordinances regulating the permitting of new construction, and the permitting of repairs/improvements to existing structures. This is intended to reduce the public risk of losses due to flooding. Proposed repairs/improvements to structures that are below the minimum elevation required by local ordinance are [...]

2018-08-27T13:21:01-05:00August 27th, 2018|

What services do you provide?

We provide traditional appraisal services and specialized real estate consulting services. We are qualified to give testimony at the county court, circuit court, and federal court levels. Our services include, but are not limited to: appraisals for estate settlement, buy/sell decisions, mortgage loan underwriting, general litigation, condemnation, insurable value, FEMA 50% Rule permitting, valuation of [...]

2018-08-27T13:20:16-05:00August 27th, 2018|

What designations do you have and what do they mean?

All of our appraisers are subject to certification requirements of the State of Florida. In addition, some of us hold professional appraisal designations conferred by the Appraisal Institute. Holders of the SRA designation have demonstrated expertise in the appraisal of residential properties. Those holding the MAI designation have demonstrated expertise in the appraisal of a [...]

2018-08-27T13:18:53-05:00August 27th, 2018|

What are the components of an appraisal report?

Most appraisals are reported in writing although in certain circumstances an appraiser may provide an oral appraisal. An appraisal report generally contains: a recital of the assignment parameters; a description of subject property and its locale; an analysis of subject property “highest and best use”; application of one or more valuation methods; and the appraiser’s [...]

2016-05-03T09:11:57-05:00January 21st, 2016|

What designations do you have and what do they mean?

All of our appraisers are subject to certification requirements of the State of Florida. In addition, some of us hold professional designations conferred by the Appraisal Institute. Holders of the SRA designation have demonstrated expertise in the appraisal of residential properties. Those holding the MAI designation have demonstrated expertise in the appraisal of a variety [...]

2016-05-03T09:12:29-05:00January 21st, 2016|

If I get an appraisal today, how long will it be valid?

The real estate market rate of change determines how quickly an appraisal becomes stale. In a fast-changing market an appraisal might be obsolete in less than six months. During a stagnant market values might not change for a year or more. That is a good reason not to order an appraisal until there is a [...]

2016-05-03T09:12:42-05:00January 21st, 2016|