CHICAGO (Sept. 8, 2008) – The Appraisal Institute is proud to offer its newest text on appraising damaged property, Real Estate Damages: Applied Economics and Detrimental Conditions, second edition. This revised publication provides valuation professionals with a framework for applying fundamental economic principles and innovative appraisal techniques to address the unique problems that arise in these complex valuation situations.
A comprehensive and valuable resource for all real estate professionals, the updated edition of Real Estate Damages offers:
About the Authors
Basic tools for detrimental condition analysis
A review of the ten classifications of detrimental conditions
Straightforward approaches to solving complex valuation problems with added discussion of the September 11th terrorist attacks, the 2004 tsunami and Hurricane Katrina
New case studies on landslides, infestation, mold and construction defects
Updated and expanded listings of reference works and relevant agencies, associations and online resources.
Randall Bell, MAI, specializes in real estate damage economics and strategy. Traveling extensively in his research of detrimental conditions and the impact they have on real estate values, he has written various specialized methodologies and has lectured internationally on the topic of property damages and mitigation strategies.
Orell C. Anderson, MAI, is an appraiser and expert consultant with broad experience in valuation and diminution-in-value issues involving commercial, industrial, subdivision and vacant land properties as well as single- and multi-family residences.
Michael V. Sanders, MAI, SRA, has extensive experience in the valuation and evaluation of real property and has performed real estate damage analysis involving a wide variety of detrimental conditions, including title issues, geotechnical failures, construction defects, water intrusion, and environmental and proximity studies.
All three authors are with Bell, Anderson & Sanders LLC, in Laguna Beach, Calif. Their firm specializes in damage economics, valuation and expert witness testimony related to environmental and geotechnical issues, natural disasters, eminent domain and other detrimental conditions.
PRICING AND ORDERING INFORMATION
Real Estate Damages: Applied Economics and Detrimental Conditions, Second Edition (Stock No. 0717M) is available to Appraisal Institute members for $45; $55 for non-members (plus shipping and handling). To access the table of contents or order online, visit: www.appraisalinstitute.org/realestatedamages. To place an order by telephone, call 800-504-7440.