# Tasks & work activities — foreclosure specialist

Source: O*NET 30.3, occupation 13-2022.00 (Appraisers of Personal and Business Property) — manual nearest-occupation mapping via ISCO group 3315; the official ESCO crosswalk has no entry for this ESCO occupation.

## Task statements

- **[Core]** Calculate the value of property based on comparisons to recent sales, estimated cost to reproduce, and anticipated property income streams.
- **[Core]** Create and maintain a database of completed appraisals.
- **[Core]** Determine the appropriate type of valuation to make, such as fair market, replacement, or liquidation, based on the needs of the property owner.
- **[Core]** Document physical characteristics of property such as measurements, quality, and design.
- **[Core]** Forecast the value of property.
- **[Core]** Inspect personal or business property.
- **[Core]** Locate and record data on sales of comparable property using specialized software, internet searches, or personal records.
- **[Supplemental]** Recommend loan amounts based on the value of property being used as collateral.
- **[Core]** Take photographs of property.
- **[Core]** Testify in court as to the value of a piece of tangible property.
- **[Core]** Update appraisals when property has been improved, damaged, or has otherwise changed.
- **[Core]** Verify that property matches legal descriptions or certifications.
- **[Core]** Write and submit appraisal reports for property, such as jewelry, art, antiques, collectibles, and equipment.
- **[Core]** Write descriptions of the property being appraised.

## Detailed work activities

- Appraise property values.
- Compile data or documentation.
- Create databases to store electronic data.
- Determine operational procedures.
- Enter information into databases or software programs.
- Forecast economic, political, or social trends.
- Gather information in order to provide services to clients.
- Implement financial decisions.
- Inspect items for damage or defects.
- Maintain data in information systems or databases.
- Record images needed to address work issues.
- Testify at legal or legislative proceedings.
- Update computer database information.
- Verify information or specifications.
- Write informational material.
- Write reports or evaluations.