Castles in America
My comment: Very interesting article with good photos plus some info on castles in Europe for comparison. FYI – article is in the New York Times, which only allows a few free articles before requiring a subscription.
Cherry-picking comps & being connected to the neighborhood
My comments: Lots of good ideas. Very well written with good analysis and excellent use of graphs and annotated maps. I regularly go back in the past for comps and analysis. Making market conditions adjustments is very easy. I also use percent adjustments, which tend to be stable over time.
Portable Architecture You Can Roll, Wear, Tow, or Float
A sauna on skis and 11 other dwellings made to move.
Sleeping lawyer at mortgage fraud trial
What are views worth?
My comment: Percent of value varies widely. Of course, the total dollar amounts vary even more! I love data!!
Sign up for Fannie’s new Appraiser Update and other appraisal-related news!
Ecological Plastic Bottle House
3D Map Shows America’s Most Expensive Housing Markets
HUD Fraud Alert: Appraiser Identity Theft
My comment: Read the bulletin for more info. There was a lot of this reported when trainees were used in the last boom. All the appraisers were sentenced to 3-5 years in prison.
With Trump changes in the news, guess I need to put something in this email newsletter ;>
Land Surveys in 1784 – Alexander Hamilton vs. Thomas Jefferson
11 Secret Spaces Hiding in Famous Places
Bob Hope’s UFO Home Sells for $13 Million
Excerpt: At long last, Bob Hope’s UFO house has sold for $13 million, after first being listed in early 2013 with a price tag of $50 million. Having gone through a couple of price cuts over the last three years, the most recent cut lowered the ask to $25 million. But with no comps available, how does one actually price a concrete space ship? Seems that when $25 million was thrown at the wall, $13 million stuck.
My comment: Tough appraisal including measuring and the listing history ;>
Excerpt:
My comment: Wow!! I had no ideas these cities had high winds, especially those not in hurricane areas.