Lyle Radke, principal, collateral policy at Fannie Mae, and Matt Simmons, managing partner from Maxwell, Hendry and Simmons, LLC, discussed specific details surrounding what Accessory Dwelling Units (ADUs) are and how they should be appraised in another installment of the Valuation Review Compliance Series webinars titled “Unlocking the Value of ADUs.”
Radke and Simmons addressed several matters including current regulations around appraisal of ADUs at different levels of the government, defining the potential and best use of these properties and real-life examples of issues that have come up appraising these properties.
Appraisers were also given tips on how they can broaden their definition of ADUs to find comparable properties.
You can purchase the 60-minute webinar by clicking here.