Appraisal REO Bank Owned Vacant Land Florida Keys
By Maya Thomas, Broker, Please see my client recommendations.
Appraisal REO Bank Owned Vacant Land Florida Keys The bank must price according to the appraisal. An inaccurate appraisal throws a broomstick in our bicycle tire. The Monroe county Comprehensive Land Use Plan is complicated. I explain the building process and Land Use Plan to an Asset Manager. Sometimes an asset manager will hire a land use consultant. The detailed report will reveal the obstacles, potential issues and valuation difficulties associated with vacant land. An Asset Manager should send a request to the appraiser to contact the listing agent to be certain that they receive an accurate appraisal. Not all appraisers understand the significance of a lot being designated as Tier I as opposed to Tier III. Some Realtors don't either. The 'Comp Plan' has been in existence...