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Below are articles related to real estate appraisal, written by our staff, agents, and local professionals.
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The Difference Between Appraisers and Inspectors
Real estate appraisers and inspectors are commonly confused with each other because both are used to assess houses; however each has different reasons and methods for their assessment. The confusion is caused by the fact that many lenders will call an appraisal an "inspection" because for them, the appraiser is recording everything that they need to know about the house, including the condition of the house. |
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How an Appraisal Report is Compiled
Each appraisal report contains a variety of figures, property details and sales comparisons. But how is the appraisal report compiled? |
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What to do With a Low Appraisal
You negotiated the price, drew up all the contracts, and bought champagne for the closing. Then the appraisal came back lower than the sale price. Now what? |
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What's Included in an Appraisal Report
An appraisal is a survey of a home performed by a licensed, independent professional to determine the home's market value. But what's included in the appraisal report? |
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What is Included in an Appraisal Report?
Appraisals are vital reports in the real estate market, because they are relevant to buyers, sellers, and lenders. The value that an appraiser determines in their appraisal report ultimately sets the guideline for what a lender is likely willing to lend to a potential buyer. Given that is such an important element of any real estate transaction, it is useful to know what a typical appraisal report contains. Here are more details about the contents of an appraisal report. |
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What Exactly Do Real Estate Appraisers Do?
A real estate appraisal aims to pinpoint a property's market value for your lender, as well as other relevant information related to a sale process, but what actually happens in an appraisal? |
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What Exactly Do Real Estate Appraisers Do?
A real estate appraisal aims to pinpoint a property's market value for your lender, as well as other relevant information related to a sale process, but what actually happens in an appraisal? |
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Home Appraisals
What is a home appraisal, and why do you need one? |
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What is the role of an Appraiser?
Real estate is expensive and changes hands much less frequently than most commodities. For this reason, the market value of any particular property is often difficult to determine. The role of a real estate appraiser is to help their clients to systematically determine the market value of a property, which is one of the first steps in a real estate transactions whether you are a buyer or a seller. |
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