FEMA Appraisals – What You Need to Know About the 50% Rule

Posted Posted in Appraisal Process

FEMA Flooding…what a nightmare. Damaged flooring, moldy drywall, soaked furniture, and many times personal loss. FEMA (Federal Emergency Management Agency) doesn’t like flood damage any more than you do. That is why, based on your elevation as recorded in periodically released flood maps, the government requires you to purchase flood insurance to protect your asset. […]

Trends in Style and Design in Southwest Florida: Indoor/Outdoor Space

Posted Posted in Ask An Appraiser, Home Investment

In Southwest Florida, we are currently seeing a trend toward coastal, West Indies, and Old Florida style architecture and design, moving away from the more ornate Mediterranean design that had previously dominated. Most of the luxury new construction I appraise favors including lots of indoor/outdoor living space. Common features include: outdoor kitchens with dining/entertaining space […]

Investments

Posted Posted in Uncategorized

In this fast paced and ever-changing market, it is important to keep a lid on costs and make sure that the next purchase is a smart one. This past week,  I was able to help advise a potential buyer on a complicated assignment when the highest and best use of a property was not the […]