Tag Archives: USPAP (appraisal regulations)

In the first part, I indicated that I had to turn this dockominium valuation assignment down.  'Curious why? There are many reasons. Let's start with the most obvious.  It should be clear that I don't share any bit of optimism about this asset that the prospective purchaser does.  That means that what I would provide would.
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Let's summarize what you need to look for in a marina appraisal to determine if you've been sold a "bill of goods".
  • The fee for this special purpose property is cheap, like $2,500, $3,000 or $3,500.
  • The number of pages in the market section is far greater than the total number of pages devoted to the part.
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