This appraisal CE course evaluates and describes environmental hazards impact on value and reviews the regulatory implication appraisers are faced with. Environmental hazards can have a negative impact on value, but can the impact be calculated using cost to cure methods or is there diminution from stigma?
In this course, we will review several of the most common environmental hazards and how they impact both residential and commercial property values. The course explores appraiser environmental due diligence reporting; as established by USPAP, HUD and Secondary Mortgage Market.
Our instructor shares his courtroom proven methodology for calculating diminution created from stigma. This seminar relevant for both residential and commercial appraisers.