Blog Archives

Property Tax Appeals

Background Real and personal property is taxed by state and local jurisdictions, based on the market value of the property. This kind of tax is known as an “Ad Valorem” tax, meaning “of value” or based on value as opposed to

Posted in Client Type, Government Services, Purpose & Use

Condemnation and Urban Renewal

Content TBD.

Posted in Government Services

HUD

The Federal Housing and Development Agency (HUD) prescribes its own appraisal procedures and its own appraisal formats.  While the appraisal theory behind the HUD appraisals is the same as any other appraisal, failure to comply with HUD’s specific procedures and

Posted in Client Type, Government Services, Purpose & Use

IRS

The Internal Revenue Service (IRS) and the courts that hear its cases prescribe their own appraisal practices and  procedures.  While the appraisal theory behind IRS appraisals is mostly the same as any other appraisal, failure to comply with IRS specific

Posted in Client Type, Government Services, Purpose & Use

Government Services

Appraisal and appraisal consulting requirements vary significantly from government agency to government agency.  While the variances are often simple, the failure to meet the requirements can lead to a critical non-compliance.  The non-compliance may be non-recoverable and often cost thousands

Posted in Client Type, Government Services, Purpose & Use

Mark to Market

Mark to Market Appraisal Services Federal Appraisal, LLC provides “Mark to Market” Appraisal Services as required by the Government Accounting Standards Board (“GASB”) new rule, Statement 52. The rule requires state and local government endowment funds that hold land and

Posted in Government Services, Purpose & Use

SEC

Federal Appraisal, LLC can provide any of the real estate appraisals and valuation reporting support required by the Securities and Exchange Commission (SEC). Currently SEC registrant appraisal requirements are limited, albeit highly important. However recent FASB actions will increase the

Posted in Client Type, Government Services, Purpose & Use