Real Estate Appraisal

Real Estate Appraisal – Fundamentals of Real Estate Appraisal (Fundamentals of Real Estate Appraisal)

Fundamentals of Real Estate Appraisal (Fundamentals of Real Estate Appraisal) Using an effective blend of theory and practice, this best selling textbook provides a strong foundation for understanding today’s ever changing appraisal marketplace.
Customer Review: It’s a toughie.
This is the text book that was assigned to my class, and I am taking an at-home course. I don’t know if these guys are covering everything or not, but I can tell you this: they sure don’t know how to write clearly. Sentences are long-winded and convoluted. I read each sentence over and over just trying to figure it out. I am taking notes by re-writing every paragraph. Appraisal school is difficult enough without having to decipher and translate the textbook into plain English. Today’s example:

“The amount of the expected annual ‘effective gross income’ from the property, estimated by subtracting aniticipated vacancy and collection losses from potential gross income”.

I translated that to:

“Effective Gross income equals potential gross income minus (anticipated vacancy + collection losses).”

It makes for very tedious studying.