Category Archives: Uniform Standards of Professional Appraisal Practice

Real Estate Appraisal Scope of Work and The Appraiser’s Data Request

By James R. MacCrate, MAI, CRE, ASA Introduction The valuation of real property interests is an orderly process that has been developed over the years to produce credible results. This process defines the problem and the scope of work that … Continue reading

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Risk Management Association – The Current Status of Long Island’s Commercial Real Estate Market and What Risks Lie Ahead

Risk Management Association

Posted in Appraisal Reviews, Uniform Standards of Professional Appraisal Practice

NY Court Allows Cuomo Suit Over Bogus Home Appraisals

“NEW YORK, June 8 (Reuters) – New York can proceed with a lawsuit accusing title insurer First American Corp of colluding with Washington Mutual Inc (WAMUQ.PK) to fraudulently inflate home values, a state appeals court unanimously ruled on Tuesday.” Read … Continue reading

Posted in Appraisal Process, Ethics, Real Estate Litigation Support, Residential Properties, Residential Valuation, Uniform Standards of Professional Appraisal Practice | Tagged ,

Uniform Appraisal Standards for Federal Land Acquisitions – Sales Comparison Approach – Comparable Sales

by James R.  MacCrate, MAI, CRE, ASA    Introduction The sales comparison approach is one of three valuation approaches applied by professional real estate appraisers to provide an indication of value for the subject property.  In the sales comparison approach, … Continue reading

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Uniform Appraisal Standards for Federal Land Acquisitions – Highest & Best Use

By James R. MacCrate, MAI, CRE, ASA Overview In 2000, The Interagency Land Acquisition Conference developed, promulgated, and adopted the Uniform Appraisal Standards for Federal Land Acquisitions which is an excellent guide for real estate appraisers and government agencies to … Continue reading

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Incentives, Concessions, Tax Credits & Tax Abatements

by James R.  MacCrate, MAI, CRE, ASA In the current unstable real estate market, we hear reports from the National Association of Realtors and many economists that the real estate residential housing market is stabilizing.  This is based on several … Continue reading

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Why Are There Different Appraised Values?

Why Are There Different Appraised Values? By James R. MacCrate, MAI, CRE, ASA – MacCrate Associates LLC A real estate valuation of a specific property may result in different market value estimates depending on who is doing the real estate … Continue reading

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