Showing posts with label divorce appraisals. Show all posts
Showing posts with label divorce appraisals. Show all posts

Wednesday, January 20, 2010

Whatcom County Transitions To a Annual Real Property Revaluation Program

Per the Whatcom County Assessor Webpage: "The Washington State Dept. of Revenue has approved the Assessor’s Office plan to transition to an Annual Real Property Revaluation program. Beginning in 2010 for property taxes due in 2011, one-sixth of the County will be inspected and all property will be statistically revalu...ed annually." See information/question and answers at link below.

http://www.co.whatcom.wa.us/assessor/index.jsp

Thursday, November 12, 2009

Skagit County- WCRER Housing Market Data- Third Quarter 2009

According to the Washington Center for Real Estate Research 2009 Third Quarter Housing Analysis; Skagit County home re-sales ( # of Units sold) were up 14.6% from the previous quarter, and down -9.7% from the third quarter in 2008. Statewide home re-sales ( # of units sold) were up 15.6% from the previous quarter and up 2.6% from the third quarter in 2008. Overall building permits in Skagit County are down -16.5% from the third quarter of the previous year, in comparison to the -39.1% reduction statewide. The median re-sale home price in Skagit County is down to $233,600 (down -8.4% from the third quarter in 2008), below the statewide median of $260,000 (down -7.6% from the third quarter of 2008). The 2009 third quarter Housing Affordability Index (HAI) was 121.7for Skagit County, slightly lower than the statewide index of 122.8.

See full data: http://www.wcrer.wsu.edu/WSHM/WSHM.html

Wednesday, November 11, 2009

City of Bellingham to Launch an Updated GIS system

According to the City of Bellingham website:

"In celebration of geographic information systems (GIS) Day, the City of Bellingham is hosting a GIS Day Open House on Wednesday, Nov. 18. This free community event takes place 10:30 a.m. to 1:30 p.m. in the lobby of Bellingham City Hall at 210 Lottie Street.

The open house will showcase CityIQ, a new software developed by City GIS staff that incorporates the City's GIS mapping and document search functions. CityIQ allows users to access zoning and neighborhood information, park and landmark locations, utility data, and high resolution aerial photos. GIS Day will introduce this powerful tool to the public, and everyone is invited to stop by, try it out and provide feedback. The city plans to make the application available on the city’s website near the end of 2009".

More information can be found here: http://www.cob.org/services/maps/gis/index.aspx

Monday, February 23, 2009

WCRER Housing Analysis/ 2008 4th Quarter/ Snohomish County WA

According to the Washington Center for Real Estate Research 2008 fourth Quarter Housing Analysis; Snohomish County home re-sales were down -20.1% from the previous quarter, and down -41.3% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Snohomish County are down -50.5% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Snohomish County is $325,000, (down -10.6% from the fourth quarter in 2007), above the statewide median of $266,700 (down -9.3% from the fourth quarter in 2007). The 2008 fourth quarter Housing Affordability Index (HAI) was 97.1 for Snohomish County, lower than the statewide index of 107.5

Friday, January 25, 2008

Bennett Appraisals Providing Residential Appraisal Services For Attorneys

Attorneys and Accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.

Estate Appraisals

Settling an estate usually requires an appraisal to establish Fair Market Value for the residential property involved. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Divorce Appraisals

As an attorney handling a divorce, your needs oftentimes include an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you order the appraisal. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Forclosure

For a property in foreclosure, you may need to know the difference between fair market value and "quick disposition" value, to know your potential charge-off liability. At Bennett Appraisals, we have experience in both providing snapshots of fair market value for our mortgage lending and servicing clients as well as "quick sale" forecasts that understand your timeline.
For a list of all our servicies for attorneys go to: