Basic Real Estate Appraisal: Principles and Procedures (with CD-ROM) [Paperback]

Richard M. Betts (Author), Silas J. Ely (Author)

Book Description

ISBN-10: 0324652615 | ISBN-13: 978-0324652611 | Publication Date: September 4, 2007 | Edition: 7

Learn the fundamentals of real estate appraisal from a professional. BASIC REAL ESTATE APPRAISAL, 7e makes it easy providing a clear overview of the profession and basic appraisal techniques. Completely updated to meet the new 2008 qualifying education requirements, this popular real estate appraisal book provides a thorough outline of fundamental real estate appraisal theory and practice. Like so many previous users, you'll appreciate the clear step-by-step calculations with detailed explanations in addition to how simple and complex subjects are covered in easy-to-understand terms. Practical examples throughout illustrate real-life situations real estate appraisers will encounter in everyday practice. PLUS - you will gain valuable on-the-job experience completing applications using the popular "Clickforms" software used throughout the real estate appraisal industry. This book also references and explains the Uniform Standards of Professional Appraisal Practice (USPAP), introducing all of the appraisal related topics listed in new educational requirements for universal state licensing and certification.

Editorial Reviews

From the Publisher

This book covers accepted theory and current practice in real estate appraisal. Highlights government and industry standards governing appraisals. --This text refers to an out of print or unavailable edition of this title.

From the Inside Flap

Preface This fifth edition of Basic Real Estate Appraisal is a thorough outline of current appraisal theory and practice, providing a practical guide to real estate appraisal for students, real estate professionals, and consumers. Importantly, this text introduces all of the topics listed in the educational requirements for state licensing and certification. Crafted to build upon the classical appraisal process, Basic Real Estate Appraisal describes how this important valuation model has been refined and made more explicit in recent years by the Uniform Standards of Professional Appraisal Practice. References and abstracts of USPAP appear throughout the book. More detailed text of those USPAP Rules and Standards directly governing appraisals may be found in the addendum. Finally, this text describes how computers are used in appraisals, including their use to access on-line appraisal data services, and other resources available on the Internet. Web sites of representative services and resources are included in the text. Based on the authors' years of teaching at both the community college and university levels, and their years of practical appraisal experience, Basic Real Estate Appraisal has been written for easy reader comprehension. Both simple and complex subjects are covered in terms that are easy to understand yet accurate. Throughout, typical appraisal tasks and problems are described and illustrated. Charts and currently used appraisal forms are used as appropriate. As to the format of the book, the chapters are subdivided into sections, usually three or four. Each chapter starts with a preview paragraph and statement of learning objectives. These should help the reader to identify the important elements in the chapter. The major sections of the text material follow. Each chapter concludes with a comprehensive summary and a list of important terms and concepts. A group of chapter review questions is provided to help the reader review his or her understanding. The answers to these questions are provided at the end of the book. The appraisal concepts and techniques covered in this book are important tools that are useful to people in every field of real estate. We hope that our presentation will provide many helpful ideas and skills for use in your daily real estate endeavors.

Richard M. Betts Silas J. Ely --This text refers to an out of print or unavailable edition of this title.

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Product Details

• Paperback: 605 pages
• Publisher: South-Western Educational Pub; 7 edition (September 4, 2007)
• Language: English
• ISBN-10: 0324652615
• ISBN-13: 978-0324652611
• Product Dimensions: 10.8 x 8.5 x 1.4 inches
• Shipping Weight: 3.5 pounds (View shipping rates and policies)
• Average Customer Review: 2.8 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #369,946 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

8 of 9 people found the following review helpful:

3.0 out of 5 stars Good Title... This book is BASIC, January 6, 2005

By 

Lana "funnshyne" (Richmond, Virginia United States) - See all my reviews

This review is from: Basic Real Estate Appraisal (Paperback)

This is a college level textbook for complete beginners in the field of Real Estate and specifically Real Estate Appraisal. As such, it gives a nice overview of the profession and of appraisal techniques and not a whole lot more. To get more in depth to the level of feeling professionally competent, you will need to add on with other books and classes. But this is a very good start.

6 of 7 people found the following review helpful:

2.0 out of 5 stars Some other books are better than this one, March 9, 2004

By A Customer

This review is from: Basic Real Estate Appraisal (Paperback)

I don't know why colleges use this book as a required textbook. This book is DEFINITELY not a good book for someone who is new to real estate apraisal. The book did't explain things very clear especially some very important things like "Highest and Best Use". There are some other book that explain the real estte concepts better than this one. You definitely will not pass the real estate appraisal exam if you only read this book

5 of 6 people found the following review helpful:

3.0 out of 5 stars RE Appraisal, November 13, 2001

By A Customer

This review is from: Basic Real Estate Appraisal (Hardcover)

This is a great book that is used in some of the colleges for textbook. It explains the fundamentals of real estate appraisal by using pratical examples which we may experience everyday. In addition, it clearly shows the calculations, number by number with detailed explainations to make the readers easy to understand the concepts. It really helped me a lot in the real estate business.