Each of these cases support a discount applied to fractional interest.It may be difficult to find an appraiser experienced in fractional interest in your market but if you make enough phone calls you will find one.

I doubt in person is an option given the size of the Atlanta foreclosure market is fractions of 1 percent. 

However, in the second example I listed, the appraiser did not require any of this, and I was able to move in and complete the repairs myself for a fraction of the price.  

The second option is to offer a modern studio for half the cost of a 1 bedroom, this gives someone the option to rent a slightly smaller place for a fraction of the cost.

The obvious benefits are that it's faster than a refi and is only a fraction of the closing cost.

The obvious benefits are that it's faster than a refi and is only a fraction of the closing cost.

In August the median SF sales price has reached 188k, so the allure of really cheap properties reduced; anything that sells for a fraction of that is really junk.The one thing I have noticed is that we are getting a lot more relocation buyers.

Even though those cities only represent a small fraction of where our total workforce is. 

Every week or so I open up the newspaper and I see another company moving here hoping to utilize the very educated young workforce at a fraction of the costs of the west coast.

Thus eventually your normal "stick frame built on site house" will lose value in the long run because people will be able to buy the exact same quality structure from a factory for a fraction of the cost.3.)