My Home Planet - An ORLANDO LIFESTYLE Blog

Why is the adjustment of price per square foot so low on my appraisal?

I was hired last week to perform an appraisal by a homeowner who is getting ready to put their home on the market. As you may already suspect, he was disappointed in the outcome and said his realtor, who sent him my way in the first place (likely to interject some logic into an emotional […]

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  • Megan Johnson Judd
  • August 6th, 2019 Comments Off on Why is the adjustment of price per square foot so low on my appraisal?
  • Listed under: Valuation Corner

How Adding Solar Panels Will Affect My Appraisal.

There are a host of factors to consider when tasked with solar photovoltaic (PV) system valuation. First, the type of financing used to install the system plays a roll. Is it a lease, power purchase agreement, solar loan, pace loan (which may nullify the ability to finance the home on the secondary market as they […]

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Market Update- 32806 February 2019

  What has been going on in 32806? As one of Orlando’s hottest zipcodes, this region shows no signs of slowing down. At Metropolis RES, we have to analyze market conditions for each and every house we list, for each offer we submit, and for every appraisal report we prepare. It’s become one of our […]

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  • David Herring
    David B. Herring is a native of Central Kentucky where he began his career in real estate appraisal. David attended St. Catherine College in Springfield, KY and later graduated from Eastern Kentucky University in Richmond, KY. In 1998, David took a position at an appraisal firm in his hometown of Harrodsburg, KY. David has extensive experience in valuing residential, commercial, and agricultural properties primarily in Central and Southcentral Kentucky, but valued properties statewide. Completed assignments were for both mortgage lending and litigation purposes. In 2003, David formed Central Bluegrass Appraisal Service—the predecessor to Herring Consulting Co.—with the primary focus of the firm being residential and commercial mortgage appraisals across central Kentucky. In 2012, David received his SRA designation from the Appraisal Institute. In 2013, David relocated with his family to central Florida and increased the firm’s focus on litigation support and review work while gaining the AI-RRS review designation from the Appraisal Institute. In early 2016, David completed the requirements and gained the MAI designation from the Appraisal Institute followed by the AI-GRS in the summer of 2016. Since arriving in Central Florida, David has received his real estate sales license and is fully immersed, in all things real estate, as one of the areas most educated experts. David is married to Shannon and they have two daughters; Emma and Claire. They all reside in historic downtown Winter Garden, Florida. He is an active volunteer with the East Florida Chapter and Region X of the Appraisal Institute.
  • February 12th, 2019 Comments Off on Market Update- 32806 February 2019
  • Listed under: Mid Century Orlando Neighborhood Update, Orlando Real Estate Consumer News, Our Orlando Community, Valuation Corner

Understanding the Intended Use and Intended User of an Appraisal Report

While the intention of an appraisal report is to clearly and concisely outline the support for an estimate of fair market value, very few appraisal reports are actually easy to read and understand.  This is usually because an appraisal report is written to meet the very specific needs of a particular Intended User for a […]

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What Is the Appraiser Looking For When Performing the Inspection?

There is a lot of anxiety generated when you know that the appraiser is coming. Often times, we are scheduled in the early part of the week when the homeowners have had the weekend to “spruce” things up. Sometimes we are even asked, “what can I do to improve the value?” Ultimately, the market dictates […]

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What Constitutes Living Area?

I am often asked to clarify this by both homeowners and sales agents alike. Understanding what is and isn’t living area can be key in determining the fair market value of a property and should be especially accurate if an agent is using the oversimplified “price per square foot” method of estimating value.    

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You Got the Chops?

  I am often asked if we are training appraisers. While we have done it in the past, we are not currently. As a result of the market crash in the late 2000’s, restrictions have been placed and per Florida Department of Business and Professional Regulation, a Registered Trainee Appraiser must work under DIRECT supervision of their supervisor […]

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The Psychology of Real Estate

What makes a house “sellable” or “unsellable” ? What makes some buyers swoon and makes others turn and run? We’ll tell you, and it may not be what you think. We’ve all heard the phrase “location, location, location” and to a large degree, it is location that is the prime factor in how buyers make decisions. […]

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It’s Neighborhood Update Time!!!-Baldwin Park

Welcome back to our regular neighborhood update post where we give you an insiders look into the market trends in YOUR neighborhood. After reading this article today, The most affluent people in C. Fla., and throughout the U.S., love the suburbs, I thought it might be a good time to look into the trends of the illustrious […]

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It’s Neighborhood Update Time!!!-College Park

  We found this incredible property for sale as a foreclosure last week and a few of us had to run over and take a look at it. It is located in the Palomar section of College Park, which in itself, proved to be a great walking neighborhood with no shortage of stunning architecture. I […]

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It’s Neighborhood Update Time!!!-Downtown Orlando

  Recently, my friends were sharing Facebook posts boasting that 32801 was the most searched zip code in country (according to one of the big national real estate websites).  I personally think that’s super cool but I do question the validity of the data.  If we were to suppose that those figures were correct, let’s think […]

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It’s Neighborhood Update Time!!!-Conway

In this edition of “Neighborhood Update”, I’m going to give some insight into what is happening in my own neighborhood of Conway. Conway is a really cool community in very close proximity to both the Orlando International Airport and Downtown Orlando.  The availability of highways and toll roads provides ease of access to almost anywhere […]

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Eye Candy

Here are the top 3 most expensive listings in Orange County as of 7/4/2014. 9000 Hubbard Place, Orlando, FL 32819 MLS O5119463 This is the last large parcel on the Butler Chain of Lakes. With it’s western exposure and sandy beaches, this amazing land offers the ultimate in lakefront living. Nestled within the gated community […]

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What Do I Do About a Bad Appraisal?

“We just got our apprasial back for a refi today. We have a townhouse(3 bedroom 2.5 bath) in a planned unit development where we own the small lot we are on.  The appraiser used all townhome style condominiums where there is no ownership of the lot, but instead there is a joint ownership of the entire complex.  I understand that […]

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  • Megan Johnson Judd
  • May 29th, 2014 Comments Off on What Do I Do About a Bad Appraisal?
  • Listed under: Valuation Corner

Ask Us, Please!-What is the average price per square foot in my neighborhood?

Michelle Duchene in Downtown Orlando asks-“All the houses in my area are selling for about $200 per square foot, but I keep getting offers in the $175-$190 range.  I have one of the biggest houses in the neighborhood and my agent agreed that we should list my house for $205 per square foot because I’ve made […]

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  • Megan Johnson Judd
  • May 5th, 2014 Comments Off on Ask Us, Please!-What is the average price per square foot in my neighborhood?
  • Listed under: Valuation Corner

Adam Judd

(407) 282-1600 *1

Broker/Owner
Cert Res RD 4142

Megan Judd

(407) 282-1600 *2

President
Cert Res RD 3035