| Subject | Date Asked | Expert |
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| How to read a land deed | 11/23/2009 | Jim Root |
Q: We are trying to find the property lines of a property we recently purchased. We have the deed. ...
A: Whether you,re at the POB--the initial "Benchmark, or "Begining"--yours being identified as a a ...
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| How to read a land deed | 11/22/2009 | Jim Root |
Q: We are trying to find the property lines of a property we recently purchased. We have the deed. ...
A: JEFF-- There are 3 different ways to identify a property--give it a LEGAL DESCRITION.The ones most ...
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| REO Auction pricing - Effect on Market Value | 11/19/2009 | John C. Carlson |
Q: We sell new and refurbished FHA Title II qualified site-built and manufactured homes. Our homesa ...
A: Jim, I always cringe when I hear about things like this because it’s a reflection on my profession. ...
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| view easements | 11/17/2009 | John C. Carlson |
Q: Can you (Mr. Carlson) determine the reduced value of a residential property after the owner grants ...
A: Michael, This is not an valuation area in which I deal. I have worked as a co-appraiser on several ...
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| trees within a drainage easement | 11/16/2009 | John C. Carlson |
Q: A major "city" construction project is being planned for an area surrounding our "county" home. ...
A: Mr. and Mrs. Beekman, My Initial Answer to your question is included at the end of this revised ...
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| neighbors deck xpansion | 11/12/2009 | John C. Carlson |
Q: Recently neighbor added deck steps to elevated deck.The problem is that her deck landing is so close ...
A: Jim, (Hope you don't mind going on a 1st name basis - this is the third post now!) The inexpensive ...
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| 1/4th Share in Real Estate Property | 11/11/2009 | John C. Carlson |
Q: I am one of 4 owners of a small undivided piece of property. I am considerably older than the other ...
A: Bettye, Unfortunately, I am a valuation expert. The questions you pose requires someone with ...
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| new home | 11/11/2009 | Jim Root |
Q: Iam trying to get permanent financing for construction loan. I obtained owner occupancy cert. moved ...
A: All of the Banks, Mortgage Companies,Credit Unions,S&Ls,ETC,have become very rigid with their loan ...
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| Appraisal disregards first floor | 11/10/2009 | John C. Carlson |
Q: We have a raised ranch style home close to 4000 sq ft; above grade on all sides. An appraisal was ...
A: Matt, You should also request a copy of the appraisal report, if you haven't already done this. I ...
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| Appraisal disregards first floor | 11/7/2009 | John C. Carlson |
Q: We have a raised ranch style home close to 4000 sq ft; above grade on all sides. An appraisal was ...
A: Matt, I apologize for not responding sooner. I took this weekend off because we had a big event at ...
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| Value add | 11/7/2009 | Jim Root |
Q: I was reading a similar response to this question regarding tpical adders for appraisals. Can larger ...
A: BRIAN-- I'm not familiar with the term "Adders" but if your refering to "Adjustments" and looking ...
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| interest | 11/6/2009 | John C. Carlson |
Q: If I sell a house for $65000. at 6% interest for 11 yrs ..how much will I make?
A: Sherri, Unfortunately, your question is not structured correctly, so I can't tell what you are ...
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| neighbors deck xpansion | 11/5/2009 | John C. Carlson |
Q: Recently neighbor added deck steps to elevated deck.The problem is that her deck landing is so close ...
A: Mr. Porvaznik, It sounds like there may be what is called an "encroachment", meaning some of the ...
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| neighbors deck xpansion | 11/4/2009 | John C. Carlson |
Q: Recently neighbor added deck steps to elevated deck.The problem is that her deck landing is so close ...
A: Mr. Porvaznik, It seems that you have already had a "building Inspector" to your property. Was this ...
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| Log Cabin Appraisal | 10/30/2009 | John C. Carlson |
Q: Looking to purchase an existing log home. Of course the appraisal had only one comp and used ...
A: Mark, There is no right or wrong answer to your question. Unfortunately, regardless of whether ...
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| missed easement/title co | 10/28/2009 | Jim Root |
Q: I purchased a residential property in San Diego which stated city sewer on the listing. I saw the ...
A: DEANNE-- I know of no "usual procedure if" a "sewer flows away from" a property through several ...
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| how to sue appraisal co | 10/25/2009 | John C. Carlson |
Q: Good question, hah? Here is my problem: I was trying to refi a house. Locked the loan on 4.5% and ...
A: Nick, First of all, I'm going to assume that you were dealing with a Conventional Lender, and were ...
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| Cattle gates | 10/24/2009 | John C. Carlson |
Q: Is cattle gates/stantions that are bolting into the barn wall considered permanent fixtures and part ...
A: Mike, The quick answer to this is: "It depends". If the gates can be removed easily, AND the area ...
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| Fire Rebuild | 10/22/2009 | John C. Carlson |
Q: Our home was just rebuilt after a fire and has been completely restored except for the concrete slab ...
A: Bunnie, I have a project that I have to complete this afternoon. I won't be able to answer this ...
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| Appraisal Receipt Regulations | 10/22/2009 | Jim Root |
Q: Jim, I put a contract on a house in July and backed out after my house inspection. It is now the ...
A: If the Appraisal of the House you were under Contract for but you backed out of after reviewing the ...
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| Urban Valuations | 10/20/2009 | John C. Carlson |
Q: i've been asked to value four properties for clients who are interested in buying the best two.can ...
A: Matt, Unfortunately, there is no way to snap out an answer to your question. Your properties are ...
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| Refi appraisal | 10/19/2009 | John C. Carlson |
Q: John, I am in the middle of a refi. With the changes in appraiser policy there is very little ...
A: Gregory, Sorry for taking so long to reply - I've had computer issues this past weekend. Welcome ...
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| Deliquent Property Tax at Closing | 10/17/2009 | John C. Carlson |
Q: What Happens If Delinquent Property Taxes Are Not Paid At Closing? The previous owner did not pay ...
A: Julie, I apologize for taking so long to answer your question, I had computer issues over the ...
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| bank's interest in selling a small portion of property | 10/14/2009 | John C. Carlson |
Q: From: AllExperts here is my dilemma, I own a large piece of property that is short 1000 ft of ...
A: Laurene, Thanks for the clarification. To answer your question, "yes", you neighbor will have to ...
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| bank's interest in selling a small portion of property | 10/13/2009 | John C. Carlson |
Q: From: AllExperts here is my dilemma, I own a large piece of property that is short 1000 ft of ...
A: Laurene, I'm trying to understand your problem. You say that you originally "gave" your neighbor a ...
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| Property Law | 10/10/2009 | Jim Root |
Q: I don't know if you can answer this, but in my life, I've seen a lot of deserted structures out in ...
A: WILLIAM-- As my Profile tells you, I'm a former Licensed Realtor & Residential Appraiser, as well ...
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| Mistakes on VA Appraisal | 10/10/2009 | Jim Root |
Q: This question is a continuation of a question answered by Jim Kreider on 4/8/2009 pertaining to ...
A: ADDITIONAL INFO/SUGGESTION RE: "Squeeky Wheel!" In my nearly 15 years as a Housing Official ...
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| renovation of master bath | 10/5/2009 | John C. Carlson |
Q: I am in the process of renovating our master bath and would like to take advantage now of the rates ...
A: Robert, The incomplete bath may affect both the appraisal and the loan for which you are applying. ...
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| Incomplete residence of builder at his death | 9/29/2009 | John C. Carlson |
Q: A client died in midst of building a residence for sale, as a builder. The shell was built but costs ...
A: Joel, I have to apologize because I cannot get to the bottom of what is being requested here. There ...
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| Seller -appealing FHA appraisal | 9/28/2009 | John C. Carlson |
Q: I am a Realtor in Germantown, MD. 2 months ago I had an appraisal done on one of my listings that ...
A: Mr. Resnick, I answered roughly this same question in my response to Steph in her question entitled ...
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| Reverse Mortgage Duplex-Lacks Comps | 9/28/2009 | John C. Carlson |
Q: Nearly ten years ago, my 81-year old mother, after a bad fall and leg injury from gardening, decided ...
A: Mr. Morrison, I don't envy you trying to deal with this issue. In my City, Diamond Bar, CA there is ...
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| Residential Home Vales | 9/26/2009 | John C. Carlson |
Q: My home is being re-valued. My lot abuts a Highway , others do not and are on a rear on Cul-da-sac ...
A: Bill, This is the "Market Extraction Method". Again, this method relies on the availability of a ...
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| Residential Home Vales | 9/25/2009 | John C. Carlson |
Q: My home is being re-valued. My lot abuts a Highway , others do not and are on a rear on Cul-da-sac ...
A: Bill, Not quite, the "Cost of Improvements" is the current estimated Replacement Cost for the ...
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| Residential Home Vales | 9/25/2009 | John C. Carlson |
Q: My home is being re-valued. My lot abuts a Highway , others do not and are on a rear on Cul-da-sac ...
A: The quick answer to what you have proposed is: Yes, you are probably correct on all accounts. Any ...
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| Reverse Mortgage Duplex-Lacks Comps | 9/25/2009 | John C. Carlson |
Q: Nearly ten years ago, my 81-year old mother, after a bad fall and leg injury from gardening, decided ...
A: Mr. Morrison, Yours is probably the longest question I have had. Tell me what you REALLY think! ...
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| appraisal | 9/23/2009 | John C. Carlson |
Q: I am working with a lender to refinance my home. I indicated I wanted a conventional 30 year fixed ...
A: Mr. Lubick, If the FHA appraiser is not on the Approved Appraiser List for the conventional lender, ...
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| Contract for Deed- Appraisal | 9/23/2009 | John C. Carlson |
Q: We purchased a home on a contract for deed (lease purchase- not lease option) Purchase price was ...
A: Amy, I don't know any specifics about how your market area has been performing, but if it is ...
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| easement for sewer line | 9/22/2009 | John C. Carlson |
Q: When my house was built, apparently the builder, who also owned the land, ran part of my sewer line ...
A: Faye, I apologize for not fully answering your question. Unfortunately, I am not able to answer ...
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| easement for sewer line | 9/22/2009 | John C. Carlson |
Q: When my house was built, apparently the builder, who also owned the land, ran part of my sewer line ...
A: Faye, I'm wondering whether the contractor is a different person from the builder that you ...
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| easement for sewer line | 9/21/2009 | John C. Carlson |
Q: When my house was built, apparently the builder, who also owned the land, ran part of my sewer line ...
A: Faye, You are not even close to having to wonder about what an easement is worth. You need to ...
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