Real Estate Valuation and Appraisals in the Twin Cities of Minnesota

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Real Estate Appraiser - Michael S. Bolton,Inc.

ARCHIVED BLOG POSTS

2011 

  This is a kitchen of a duplex I recently appraised; can you tell me what’s wrong with this picture? Hint: every kitchen should have one.       Yes-believe it or not this rental unit has no kitchen sink. This is also a sale, so I’m not sure why anyone would think that this wouldn’t be an apprai...
09/30/2011
  This is a kitchen of a duplex I recently appraised; can you tell me what's wrong with this picture? Hint: every kitchen should have one.     Yes-believe it or not this rental unit has no kitchen sink. This is also a sale, so I'm not sure why anyone would think that this wouldn't be an appraisa...
09/30/2011
    Yesterday was a pretty hectic day, not to mention I got the scare of my life. When I showed up for my appraisal appointment, the renter poked her head out the window and asked who I was. I explained that I was here to do the inspection for the sale of the property, which she replied, “No pro...
09/29/2011
   
    I always like to tell myself that I’ve seen just about everything, and then I seem to run across something like this. This is shallow sand point well that services the homes water supply. The water test may indicate that everything is ok, but would you want this type of water supply in your ...
09/27/2011
Something as simple as a shared driveway can turn-out to be a huge challenge. One of the things appraisers are required to check for when doing an FHA appraisal is for any adverse easements and/or encroachments. For this appraisal the subject property is situated on a site that was divided off f...
09/25/2011
  If you were doing an appraisal inspection for this home, and just did cursory view of the utility room, you wouldn't of probably of noticed a few things. The big question is, why is there newer block walls in a 1940's built home? The reason is because the original foundation wall was caving in...
09/24/2011
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        Being a real estate appraiser does have some hazards. Spiders don’t’ necessarily bother me, so when the homeowner told me she hadn’t been in her basement for a few years and there might be a few spider webs, I didn’t think much of it. She wasn’t kidding, this was something out of a horror...
09/23/2011
I recently wrote on my appraisal blog the 21 things that appraisers look for when doing an appraisal. My goal was trying to help the public understand the appraisal process, more importantly what it is that we do. One of the hardest things for me is when I’m given specific instructions by the le...
09/21/2011
  Creating credible appraisal reports sounds like basic good business sense. However, given the amount regulatory guidelines that appraisers have to follow, some appraisers are foregoing completing credible reports in favor of speed.     The MN Commerce department doesn’t typically go after appra...
09/14/2011
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Michael S. Bolton

MN Appraiser
local_phone(612) 599-2581
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