My New Blog

Looking for a fixer-upper so you can profit after renovating or improving the property? If so, let me tell you how most appraisers treat this unique assignment. First, they now have to deal with two(2) market values, the initial selling price then the expected value after repairs aka after-repair-value(ARV). Lending institutions or private funding require 2 sets of comparable sales and 2 sets of condition ratings in the assignment. He or she must not only review the clients budget but understand in their mind the investors finished product in order to estimate the ARV.....see Part II in my next blog! 

Posted by Richard Wayne Abatelli on May 13th, 2019 8:39 AMLeave a Comment

Subscribe to this blog