"He is correct about the FIRREA requirement and on one to four lots, banks do not have to take into account holding costs, absorption period etc. Is the retail value of the four lots the market value? Most likely not, because often in developments…"
Land of Sky Chapter of the North Carolina Professional Appraisers Coalition
Chuck Johnson's Discussions
What are you thoughts on this new guideline
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One of our members emailed me this information. I am curious to know what you think about this AMC's new guideline on completing 1-4 lot appraisals when there are multiple lots involved. Here is an…Continue
Started this discussion. Last reply by Don Read Oct 11, 2011.
Interesting article has a lot more than just BOA stuff
1 Reply
Started this discussion. Last reply by Chuck Johnson Oct 4, 2011.
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What are you thoughts on this new guideline
One of our members emailed me this information. I am curious to know what you think about this AMC's new guideline on completing 1-4 lot appraisals when there are multiple lots involved. Here is an excerpt from the guideline."...If the subject property consists of 2 to 4 lots that are similar, and the highest and best use is to sell each lot separately, use the grid to analyze the retail value of one of the lots, and make any adjustments necessary to estimate the retail value of the other…See More
"I think something has to give at some point. I am glad other people from other professions are noticing more and more. We need to keep speaking up every time we get the opportunity to do so as appraisers."
NCPAC Election / Landsafe aggreement
Hi everyone. I wanted to post this as I believe this NCPAC election is extremely important. Below is an email from Peter Gallo to our NCPAC board one of the people that are running for President's remarks regarding us, the appraisers. If you didn't get this email, I believe you will be shocked at his response and can see why I feel so strongly about some changes. We just can't have this type of mindset while representing us. Peter, myself, and David Cozzarelli were all adamant that we…See More
"Yes. I believe we need the chapter website. What does everyone else think?"
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- Johnson Real Estate & Appraisals
Tarheel School
- Occupation- what type of appraiser, specialty,etc
- All types of residential and small income properties.
- About Me-anything from family to business
- Own and operate Johnson Real Estate & Appriasals & Tarheel School of Real Estate & Appraisals
Comment Wall (1 comment)
- At 12:50pm on February 7, 2011,
Valerie R. Lanier said…
- Ta da! Welcome!
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