Advertisement
 

Thursday, January 19, 2006

Comment time on Master Appraisal Reports

This is probably a single-family housing item, but it's included here if only as an interesting sidelight on the development business: HUD is requesting comment, by Feb. 21, on its system of Master Appraisal Reports, which are used to save appraisers time in developments that repeat similar house models.

Funny, they teach you as bedrock principle in law school that every parcel of land is to be treated as unique, and a specific parcel in a subdivision is formally as individual as Monticello. It's a lovely idea from a certain philosophical angle but I guess not everyone has time for it.
To read more please refer to our Archives
(see links in right-hand column).
Advertisement