Using an effective blend of theory and practice, this best selling textbook provides a strong foundation for understanding today's ever changing appraisal marketplace.
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Most Helpful Customer Reviews
37 of 40 people found the following review helpful:
2.0 out of 5 stars
It's a toughie.,
By Carolyn J. (Ventura, CA United States) - See all my reviews
This review is from: Fundamentals of Real Estate Appraisal (Paperback)
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.
15 of 16 people found the following review helpful:
4.0 out of 5 stars
Excellent text, lousy index,
By A Customer
This review is from: Fundamentals of Real Estate Appraisal (Paperback)
This book was required reading for two different course-series I completed last year: real estate appraisal, and real estate broker. Of all the books I had to read (10 total) this was by far the best. Very well written, and it covered the subject matter very well (I wish I could say the same for the broker courses I took -- will have to re-take the state exam a second time because of that...). One major flaw in the book though: the index is pathetic. I'm currently preparing for the state exam, and when looking to review particular words/phrases/concepts, the index is nearly useless. Was the index computer-generated by some software with a lousy algorithm? Anyway, it's a great book for the student. But I worry that the lousy index will greatly reduce its usefulness as a reference text when I start work.
11 of 13 people found the following review helpful:
5.0 out of 5 stars
Great book for new appraisers,
This review is from: Fundamentals of Real Estate Appraisal (Paperback)
I have been working as an appraisal apprentice for 3 months. I have read 3 different books and this is the most concise and clear.
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