MA – M&S Valuation Setting Editor (103-ed-025)

Valuation Setting Editor (Marshall & Swift MVP Interface)

Available in release 6.1.2211 – (In Development)

Overview

Marshall & Swift (M&S) is a cost-based appraisal methodology intended to value buildings and non-buildings improvements using the reconstruction cost method. It comes with two different valuation approaches, one for residential properties and one for commercial ones. This appraisal method is rarely used to produce final values but often used to provide a comparison point with other value types such as comparable sales or market values (MRA). The Marshall & Swift Valuation Platform Online (MSVPO) integrates with Computer Assisted Mass Appraisal (CAMA) systems via web services hosted by CoreLogic®.

Purpose

In Govern for Windows, M&S was offered as a special set of configurations within the Building Structural Element (BSE) function. An interface was developed to periodically load M&S valuation tables within the Govern BSE tables from the M&S database tables.

A different approach has been taken with OpenForms v6.1. In OpenForms, a new M&S API was developed to support the MSVPO interface for both residential and commercial valuations.

M&S In Govern

New admin parameters have been created as well as new database table structures that are specific to M&S. An internal API or data exchange tool will be needed for each Harris Govern product line to read/write the data from/to our product specific format (either in the legacy improvement tables or in new ones).

With the implementation of the new MSVPO API, a conversion tool has been created to convert the legacy M&S data into the new format.

The CoreLogic MSVPO API has been developed by CoreLogic as a public facing Web Service. This MSVPO service has been leveraged for Govern development.

The system defaults are by year and valuation types. As the M&S tables determine the type of computation, residential or commercial, the interface offers two entries, one for the Residential valuation method and one for the Commercial valuation method.

Valuation Settings Editor User Interface (UI)

The Valuation Setting Editor interface is located in the Govern New Administration (GNA)

To access the UI in GNA…

  1. On the GNA ribbon click Editors (tab) > Valuation Settings Editor
  2. The Valuation Settings editor will be displayed.

<–>

Valuation Settings Editor Setup Parameters

Valuation Settings Form – tab buttons

New – Click New to create a new Valuation Setting record.

Save – After completing the required parameters, click Save to save your Valuation Settings.

Delete – Click Delete to delete the currently selected valuation settings record

Refresh – To update the settings in the form with those of the M&S Valuation tables, click Refresh.

Valuation Settings Form – parameters

Description – Enter a descriptive name for the new valuation settings record.

Commercial / Residential – These options refer to the valuation method; select which type of table will be obtained from the M&S tables, e.g., Commercial or Residential.

Years – This column lists the valuation type and corresponding year that are available.

Year – This field that will indicate the year of the currently selected record.

Residence Type – This optional parameter is a drop-down menu that displays the residence types available in the Marshall & Swift (M&S) tables.

NOTE: This parameter is disabled when the valuation method selected is Commercial.

Default Style – When a Residence Type is selected, all possible styles will be displayed.

NOTE: This parameter is disabled when the valuation method selected is Commercial.

Valuation Date – All valid valuation dates will be displayed in this drop-down menu

Base Date – Select a Base Date from the date picker; this is a value that is less than or equal to the Valuation Date. The default is the Valuation Date.

Multipliers (group)

The local multiplier adjusts the calculated costs to the location of the building. Commercial Estimator automatically uses a local multiplier based on the ZIP or Postal Code entered on the General Information screen.

Local Multiplier – Enter a value to set the Local Multiplier; this parameter accepts values between 0.10 and 3.00.

Local Multiplier Adjustment Percentage – The Local Multiplier Adjustment is used to increase or decrease costs for unusual situations, such as remote locations, resort locations, shortages, surpluses, and so on. Enter a positive or negative percentage to increase or decrease the local multiplier. Accepted values are -50.00 to 200.00

Regional Multiplier – Accepted values for this parameter are 0.10 to 3.00.

NOTE: This parameter is disabled when the valuation method selected is Commercial or when the Regional Multiplier parameter is not set.

Manufactured Home Mult. Type (group)

Manufactured homes are residential structures built on steel undercarriages with necessary wheel assemblies to transport them to permanent or semi-permanent sites.

Use Regional Multiplier / Use Local Multiplier – Select either Use Regional Multiplier or Use Local Multiplier.

NOTE: This parameter is disabled when the valuation method selected is Commercial.

Effective Age Adjustment Value – When entering an Effective Age Adjustment Value, accepted values are 020.

Rounding Value – Accepted Rounding Values are 01000000.

Architect Fee Percent – Valid values for the Architect Fee Percentage is 0.00100.00.

Depreciation Percent Adjustment Value – Refer to MPV Commercial 2.1.3 & 8.6.3 and MPV Residential 2.1.4 & 7.8.3 for more information.

US Localization Type (group)

Select one of the available three (3) options, 3-digit only, 5-digit only, or 5-digit or 3-digit.

Depreciation Percent Apply Flag – Select True or False ; See MPV Commercial 8.6.2 and MPV Residential 7.8.2 for details

Depreciation Maximum Percent – Refer to MPV Commercial 2.1.3, 8.6.3 & 8.6.4 and MPV Residential 2.1.4 & 7.8.4 for details.

Section Depreciation Maximum PercentSee MPV Commercial 2.1.3, 8.6.3 & 8.6.4 and MPV Residential 2.1.4 & 7.8.4 for details.

Zone Information Adjustment Override (group)

NOTE: The Zone Information Adjustment Override frame is only available when the valuation method selected is Residential.

Target Zip Code – Enter the zip code of the required area on the M&S table.

Energy Zone – Select an Energy Zone, e.g., Moderate.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Foundation Zone – Select a Foundation Zone.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Hillside Construction – Choose a value from the drop-down menu; e.g., Flat.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Seismic Zone – Choose a value from the drop-down menu.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Wall/Energy Zone – Select a Wall Energy Zone code; e.g., 2×4 Base Cost.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Wind Zone – Select a Wind Zone code.

NOTE: This parameter is enabled only if a Target Zip or Postal Code has been entered.

Documentation

When documentation is available click here to view it.

GNA Product Map

 

 

103-ED-025

 

0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

MA – Marshall & Swift Copy to Year Batch Process (103-ma-bp-010)

Mass Appraisal (MA) Marshall & Swift Copy to Year Batch Process

Overview

Marshall & Swift™ offers appraisal guidelines for developing replacement costs, depreciated values, and insurable values of buildings and other improvements.

The Marshal & Swift Copy to Year batch process is the same as the Govern Copy to Year batch process that will copy the parameter tables from one year to another.

 

NOTE: The parameter table for Marshall & Swift is called msvpo.ValuationSettings.

Govern users can run the Marshall & Swift Copy to Year batch process in to order to copy Mass Appraisal administrative parameter definitions, and appraisal tables from one year to any other year.

Documentation

To view this information in pdf format, open the following document:
103-ma-bp-010_MarshallAndSwift-CopyToYear.pdf

Configuration

Configuring the Marshall & Swift Copy to Year Batch Process

The procedure of Configuring the Marshall and Swift Batch process is similar to other Govern standard batch processes. Please refer to the Govern New Administration (GNA) 6.x User Guide for details.

  1. Launch the Govern New Administration (GNA)
  2. Select Editor (tab) > Profile Editor.
  3. Follow the steps to add the batch process to the required profile.
  4. From the GNA ribbon, click Editors (tab) > Batch Process Definition Editor.
  5. In the Profile Editor, click the profile that you would like to modify.
  6. Click the Links tab.
  7. Select your form and click Add to add the batch process to the form.

The Copy to Year for Marshall & Swift Parameter Tables is a System batch process. The Marshall & Swift parameter table (msvpo.ValuationSettings) is also included in the Mass Appraisal Copy To Year batch process.

See Also

Copy Mass Appraisal Parameter Tables to Year

Mass Appraisal Initialize Year

 

MA – Product Map

 

 

103-ma-bp-010

0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

MA – Overview of CAMA Tables and Parameters

An Overview of CAMA Tables and Parameters

Overview

This page describes the general setup that is applicable to all CAMA modules: Sales, Land, Buildings, Miscellaneous Structures, and Income. The configuration for the modules is described on separate pages.

What’s New

Govern OpenForms v6 introduces the Govern OpenForms Designer for creating the models for the data entry forms. Because of this, all the CAMA forms have changed. The layout is different from Govern v 5.1. However, all fields are the same.

General Configuration

The general configuration for Govern CAMA comprises:

  • Mass Appraisal General Parameters
  • Mass Appraisal Validation Tables
  • Appraiser’s Name and Address and Report forms
  • Multiple Assessment Rates form

This is described in the Govern General CAMA Administration guide

Mass Appraisal General Parameters

The Mass Appraisal General Parameters form has six pages or tabs with parameters and option for configuring the CAMA data. The default menu items and parameters that are common to all the sub-modules are described in Govern CAMA General Administration guide.

The following parameter types are general:

  • Yearly Data: required for calculating depreciation
  • Neighborhood Adjustment
  • Frozen records
  • Roll forward data
  • Increase / Decrease options
  • Transfer to Tax
  • Marshall & Swift

For information on parameters that are specific to a sub-module, click on one of the following links.

Mass Appraisal Validation Tables

The following Mass Appraisal Validation Tables are used or referenced by several of the sub-modules and are described here:

Depreciation Validation Tables
Use the Mass Appraisal Depreciation Validation Tables and Codes to set up depreciation percentages to apply to building structural elements and miscellaneous structures. Depreciation Tables are a prerequisite for the Building Use Code and Miscellaneous Structures Codes (MUSE) validation tables.

Correlated Values Distribution (or Mixed Distribution) Validation Tables

Use the Correlated Values Distribution table to set up values for CAMA, Comparable Sales, Income (DIR) and Income (GRM) if you are using the Correlated Values method.

Rounding

Use the Mass Appraisal Rounding validation table to define rounding on selected mass appraisal values, such as Building Value, Land Value, and Comparable Value. You can define a different formula, logical expression, or value to round to, 10, 100, etc. for each.

Limited Assessment

The Limited Assessment Mass Appraisal validation table type is used for defining Capped Values. In a year in which property values increase by significant amounts, you can use capped values to prevent an abrupt increase in property taxes. Capped values create an upper limit for property assessments.

Neighborhood

Use the Neighborhood validation table to set up neighborhood adjustments for building, miscellaneous structures, and land records.

Site Information Validation Tables

Use the Mass Appraisal Sites validation tables to set up adjustments according to geographic information, such as proximity to heavy or light traffic, green spaces, or schools. You can apply as many site adjustments as required to a record and even create multiple site adjustments records for each property. Site Adjustments are defined by Land, Miscellaneous, Income, Buildings, or on All values. An add, subtract, divide or multiply operator for the adjustment can be associated with each table.

Appraiser’s Name and Address Records

Use the Appraiser’s Name form to create name and identification records for each appraiser.

Appraisal Report Fields

Use the Appraisal Reports Fields screen to associate Govern fields to fields in the Uniform Residential Appraisal Report (URAR).

Multiple Assessment Rates

Use the Multiple Assessment Rate form to set up varying tax rates according to property type. These values are transferred to the Tax Assessment and Billing subsystem.

Govern CAMA Batch Processes

The Govern CAMA batch processes are run in Govern for Windows with the exception of the Finalize Tax Assessment Roll for Govern CAMA which is run in Govern OpenForms These batch processes are described in full in the Govern CAMA General Batch Processing guide. They include:

Batch Update

The Batch Update process in Govern for Windows updates specified database fields and all applicable parcel records. You can add to or replace existing values and set one or more conditions for the update. A new version of the Batch Update batch process was created for Govern OpenForms. This is described in the Govern General Batch Processing guide.

Appraised Value Computation

This process updates all selected Mass Appraisal values.

Sales Data Computation

The batch Sales Data Computation process is used to re-compute previously entered sales data with the parameters from an alternate year. For example, you can compute the sales data from last year with the parameters for the current year.

Load Apex Images

This process loads images created with Apex to Govern.

Update Drawing Image

This process regenerates the saved drawing images and update the MA_BLG_DRAWING table. Images are saved as bitmaps and added to the database.

Comparable Sales Extract

The Comparable Sales Extract batch process extracts records f a list of comparable properties based on the sales records and the criteria entered in the CAMA Comparable Sales Validation Tables. Extracted records are saved to the following database tables: ma_sale_extract, ma_sale_extract_p, and ma_sale_extract_s. These records are used for comparable sales calculations.

Apply Income Model

This process applies an Income Model to a parcel or range of parcels. Selection is based on a Tax Map Number range or Jurisdiction.

Export to an Appraiser’s Database

Run the Export to an Appraiser’s Database process to extract a copy of a database or a portion of a database, to your computer hard drive. This extracted database can then be copied to a laptop and used by an appraiser out in the field. Alternatively, you can use mGovern – Your Mobile Solution.

Import from an Appraiser’s Database

This process imports the appraiser’s database to the network.

Use an Appraiser’s Database at Next Startup
This process is run to prevent the appraiser from using the live database at the next startup.

Import Marshall & Swift Data

This process imports Marschall & Swift data info Govern.

Finalize Tax Assessment Roll for Govern CAMA

Run the Finalize Assessment Roll batch process to finalize the tax assessment records for a group of parcels or for all parcels.

NOTE: This process is a requirement when you change to a new fiscal year.

This process sets the HISTORY_ONLY field to -1 on the selected parcels in the MA_ MASTER table. This purpose of this History Only record is to retain a copy of all the data for parcel as they were at the time the year was closed. In the History Panel, this record is identified by Frozen ID -1 and assigned the flag, Certified.

 

 

101-ma-parameters

 

0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...