Tim

USPAP Doesn’t Mention Time Adjustments – TAA Podcast 149

USPAP doesn’t mention time adjustments.  They are not useless or unnecessary.  Measuring and analyzing changes in market conditions are critical and fundamental to real estate appraisal. Indeed, they are the foundation of an accurate opinion of value. This is simply because such a value conclusion has as its base a specific date in time.  This […]

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Technicians, Mechanics, and Engineers – TAA Podcast 144

What do technicians, mechanics, and engineers have to do with USPAP and Real Estate Appraisal? Maybe nothing. But, at this point, it is easiest to conclude that a technician is one who knows that something should be done, though not necessarily how, when, or why.  Technicians, mechanics, and engineers understand there is a process involved

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microphone

USPAP and Functional Obsolescence – TAA Podcast 140

USPAP and Functional Obsolescence?!  You ask, “Tim, haven’t you covered this topic here on the podcast, as well as a bunch of other times, places, venues, and symposia?”  Yes I surely have.  But that was the other functional obsolescence.  Today, on this podcast, I’m going to talk about the true functional obsolescence.  Yes, the functional

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