Real Estate Appraiser

Know The Facts on Real Estate Appraiser Education

Know The Facts on Real Estate Appraiser Education

Real estate appraiser educational requirements vary, depending on the specifications of each employer and the state in which the property assessment takes place. Many employers have the same requirements as the state does, including a license and certification. However, some employers may be able to employ someone for property assessment, that has lesser qualifications that that which is required by the state.
 
 
 
The specific types of property assessment will likely influence real estate appraisal education requirements. Each type of property assessment may require differing numbers of educational hours and the administration of different types of tests. 
 
 
 
For example, recommendations for a licensed residential property assessor or may require two thousand hours experience and one hundred and fifty hours of education, followed by an exam. If that same individual wished to become certified and licensed, they would need an extra five hundred hours experience and an extra fifty hours education, followed by a more comprehensive exam.
 
 
 
 
 
It is generally required that individuals wishing to become certified, have an associate’s degree or the equivalent in classroom experience. The classes required to become a real estate appraiser may be taken online or in person. Specific classes will vary slightly, depending where they are taken. The final exam must be taken in person so that the identity of the test taker can be verified.
 
 

Indian River County Property Appraiser

Indian River County Property Appraiser

The Indian River County property appraiser is located in Vero Beach, Florida. Like many counties in Florida, Indian River County has many properties which are located near a body of water and that factor has a big impact on the appraised fair and market value of property. 
 
 
There are also many other factors which influence the Indian River County property appraiser's determination about the value of each piece of property within the county and those determinations are made at least every five years, according to Florida state law.
 
 
 
While the location of property, as well as its proximity to certain community features, impacts the value of the property, there are many other factors as well. For example, the quality and quantity of schools offered influence the value of property. For example, communities that have state of the art schools, with high grades from the state, are likely to have higher property values as determined by the Indian River County property appraiser.
 
  
 
Communities found within the county, will not all have the same amenities such as schools with good state grades. The ranges of property values with a county can vary greatly, even for similar properties, depending on the factors used to determine the value. For example, the Indian River County property appraiser would value a home closer to the ocean at a higher value, than one which is located further away, even if the properties are identical.

Levy County Property Appraiser

Levy County Property Appraiser

The Levy County property appraiser makes determinations about the value of property found within the county. Properties in Levy County are appraised at least every five years, as prescribed by state law. However, these frequent appraisals do not necessarily translate into increases in fair market value.
 
 
 
The Fair market value is determined utilizing a variety of factors, including the current real estate market. Florida had experienced a boom in real estate sales, followed by a quick reduction in the sale of properties. Homes that had once been valued at three hundred thousand dollars may now have a value of less than one hundred thousand dollars. There are a variety of reasons for such a reduction, but the real estate market has played a large part in those reductions.
 
 
 
The Levy County property appraiser also takes into account the neighborhood where the home is found. Previous to the recession, many neighborhoods were flourishing. However, Florida currently has one of the highest rates of foreclosure on properties in the nation. 
 
 
Empty homes which are falling apart can present security issues for neighborhoods. These empty homes also reduce the fair market value of other homes in the neighborhood and the Levy County property appraiser takes those factors into consideration when determining the value of property in that county.

Nassau County Property Appraiser

Nassau County Property Appraiser

The Nassau County property appraiser makes determinations about the fair market value on parcels of land within that county, including those parcels which have improvements such as homes or pools. The Nassau County property appraiser must appraise each piece of land within the county at least every five years, in accordance with state law.
 
 
 
Those properties which are larger, or include two or more parcels which have been combined, often incur a higher appraisal than smaller pieces of land. However, there are other factors which will influence the determination made by the Nassau County property appraiser. For example, farmland which is a large parcel, will incur a lesser appraisal than large pieces of land used simply as residential property.
 
 
 
In addition to the size of land and the size of the home, the location of the property is one of the most important factors used by the Nassau County property appraiser to determine the fair market value of a price of property in that county. Properties which are located near areas that have had a high percentage of foreclosures will be valued lowered than those found in areas that have not. 
 
 
Areas with a high rate of foreclosure often experience an increase in criminal and undesirable activity, making it difficult to sell homes in those areas. The inability to sell homes has a negative impact on their fair market value as determined by the Nassau County property appraiser.
 
 

Shelby County Property Assessor

Shelby County Property Assessor

The Shelby County property assessor is an elected official that over sees the appraisal of properties in Shelby County Tennessee. The current assessor had been working for the department for over thirty years before becoming the Shelby County property assessor and she has a proven record for utilizing all applicable state and local laws when making determinations about the fair market value of properties in that county.
 
 
 
In contrast to Florida, which requires appraisals every five years, counties in Tennessee require updated appraisals of every property in the county every four years. Those frequent appraisals conducted by the Shelby County property assessor, do not necessarily indicate that there will be an increase in value of the property, as there are many factors which can decrease the value of a  piece of property.
 
 
 
Since the Shelby County property assessor makes determinations based on state laws, the residents are ensured that they will be subjected to fair taxation, based on the same laws which apply throughout the state. In essence, every property owner in the state can expect to have their fair market value of their property determined in the same manner as it is for every resident.
 
 
 
The location and size of a parcel of the land are the two biggest factors used to determine price. Larger parcels are generally valued higher, unless they are used for farming. Parcels of land located near community amenities, such a sparks and schools, also incur a higher value as determined by the Shelby County property assessor.
 
 

Understanding Real Estate Appraisal

Understanding Real Estate Appraisal

Real estate appraisers make determinations about the fair market value of properties, according to applicable laws. Generally, the factors which have the most weight in determining the value of a property is the location of that property, as well as the size of the parcel and improvements on that property.

Okaloosa County Property Appraiser

Okaloosa County Property Appraiser

Much of Okaloosa county, Florida borders the Gulf of Mexico. The recent oil spill from the Deep Water Horizon has caused great difficulties for residents on the Gulf, including a decrease in property values and tourism. 
 
 
The Okaloosa County property appraiser takes this factors into to account when making the determination about the value of a piece of property in that county.
 
 
Properties that could be directly effected by the oil spill, such as those located on the Gulf, would likely have a lesser value placed on that property. However, the tax bills for this year had already been determined, which means that residents would not likely see a decreased tax bill, even if they were directly effected by the oil spill. Yet, The county and state have allowed for residents to apply for exemptions and a decrease in taxes, if they were effected.
 
 
In addition, properties located off of the gulf in the county, may also be subjected to lowered taxes. Those that were considering buying property in the area, and those which were planning vacations, may have changed their minds as a result of the oil spill. These factors can impact properties that are not located on or near the gulf, but are within the county limits. 
 
 
The Okaloosa County property appraiser must take these factors into account when determining the fair market value of property, but they must also follow state laws.

Walton County Property Appraiser

Walton County Property Appraiser

The Walton County property appraiser determines the value of property based on the laws of the state of Florida. In fact, each county must follow the applicable state laws when making determinations about the value or property. 
 
 
In addition, the value determined by the Walton County property appraiser is not considered a certified value and the amount placed as a fair market value on a property may be altered for tax purposes.
 
 
 
The laws in Florida are used to determine which factors would influence the value of property throughout the state. This was done to ensure that every state resident was subjected to the same rules and regulations and that no resident would be taxed unfairly.
 
 
 
The rules for determining the value of property include location as a primary factor. The Walton County property appraiser would access the location of the property and its proximity to water. The water would only be a factor if it is usable for recreation purposes.
 
 
However, the water could also have a negatively impact the value of property as determined by the Walton County property appraiser. For example, polluted bodies of water have a negative impact on the value of property.
 
 
 
The proximity to water can also influence events such as flooding and hurricane damage. For example, homes that have been damaged as a result of past hurricanes would likely be appraised at a lower amount by the Walton County property appraiser, even if the damage has been fixed.

Flagler County Property Appraiser

Flagler County Property Appraiser

The Flagler County property appraiser follows all applicable state laws when making determinations about the value of property. Those laws apply to all properties in the state of Florida and the same factors are used to determine the fair market value of property across the state. 
 
 
However, there are sometimes special exemptions for properties based on factors such as natural disasters and pollution which may influence the value of certain properties.
 
 
 
For example, many homes in Florida were recently built using contaminated drywall. Those properties are currently valued at zero dollars if the homeowners were unaware of the problem when they purchased those homes. That translates to a tax bill of zero dollars until the problem can be properly addressed.
 
 
 
There are many intervening factors which may alter the fair market value as determined by the Flagler County property appraiser. For example, homes located on the Atlantic which have sustained hurricane damage or been prone to flooding during hurricanes, would likely be appraised at a lower value.
 
 
 
 Homes that have been fixed, but are found to be in areas where flooding may again occur, may also be appraised at a lower fair market value by the Flagler County property appraiser.
 
 
 
There are standard factors used however, such as the location and proximity to community and community amenities such as parks and schools, both of which are paid for with tax dollars.

Hernando County Property Appraiser

Hernando County Property Appraiser

The Hernando County property appraiser makes determinations about the value of property, based on the same factors used in other counties in Florida. Location is one of the prevailing factors used to determine the value of a piece of property. However, there are many intervening factors which can reduce or increase the value of a property in Florida.
 
 
 
The Hernando County property appraiser must consider the economy when making determinations about value. For example, the real estate market in Hernando County has been greatly affected by the economy, resulting in a significant decrease in home sales when the economy first began to head towards a recession. Eventually, the artificially lowered prices on property in the county, led to an increase in sales. In turn, property values began to increase again in many areas within Hernando County.
 
 
 
The Hernando County property appraiser must always take these types of factors into account when determining the value of property. However, the decrease in the actual value of the house may not be reflected in the tax assessment, as the market value of a home can change very fast. While a property owner may discover that the market value of their home is one hundred thousand dollars less than what it was previously, they are not likely to see that large of a decrease in the Hernando County property appraiser's value of the home.