FUND.OF REAL ESTATE APPRAISAL

By William L. Ventolo Jr. and Martha R. Williams

Book Overview

Fundamentals of Real Estate Appraisal is a classic text in the field, first published in 1975 and still updated by the original authors. The latest edition of this best-selling text provides a strong foundation for understanding the modern real estate appraisal market. New discussion includes updated Appraiser Qualifications Board Licensing and Certification requirements, building codes, housing styles, orientation, historic district designations, valuation advisories issued by the Appraisal Practices Board, internet resources, cost data, and interest rates. Additionally, this text covers the basic principles and procedures requirements of the Appraiser Qualifications Board. CONTENTS: The Appraisal Profession • Appraisal Math and Statistics • Real Estate and Its Appraisal • Real Estate Transactions • The Real Estate Marketplace • The Appraisal Process • Building Construction and the Environment • Data Collection • Site Valuation • The Cost Approach-Part I: Reproduction/Replacement Cost • The Cost Approach-Part II: Depreciation • The Sales Comparison Approach • The Income Capitalization Approach • Direct and Yield Capitalization • Reconciliation and the Appraisal Report • Appraising Partial Interests • Appendix A: State Real Estate Appraiser Licensing/ Certification Boards • Appendix B: Websites • Answer Key • Glossary • Index

• Format: Paperback
• ISBN: 1475427476
• ISBN13: 9781475427479
• Release Date: January 1
• Publisher: DF Institute, Inc., d/b/a Dearborn Real Estate Education
• Length: 575 Pages
• Weight: 3.00 lbs.

Customer Reviews

Great book for new appraisers

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.

Excellent text, lousy index

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.

Fundamentals ofReal Estate Appraisal

I felt that this was an excellent book for the beginning student of Appraisal. It covered every area of this profession. It gave good examples and exercises and comprehensive examinations on the chapter covered. If you are serious about the Appraisal Profession, this book should be on your shelf.

Do it yourself=save some money

Our company wanted to expand into the real estate investment arena and we decided to teach ourselves the process. We are quite pleased with the book and its structure. It builds on previous knowledge but you probably could skip what you already know.

Help

This book was very helpfull in my studies for the big test. I was so scared but this book and Q & A for the appraisal test made me alot more confident. With the help of these two books I was able to pass the test. Thank You, and good luck