Do I need a bankruptcy appraisal?

Bankruptcy appraisal provides proof of the value of your home If you are ever in the situation where you need to file for bankruptcy, and you own a home, you will probably need a bankruptcy appraisal. Choosing a qualified bankruptcy appraiser is important because there are a lot of moving parts in this process and […]

How old can an appraisal comp be?

Can’t find a good appraisal comp? A concern I often get from real estate agents is that there are no comps to price their listings. After I start discussing the situation with them and talking it through, it turns out that there are comps but you have to know where to look. Today I thought […]

Who owns the appraisal report?

A look at who owns the appraisal report I paid for the appraisal so why can’t you give me a copy of it? This is a frequent question I get from homeowners who want a copy of their appraisal report. Today I want to clear up this confusing topic about who owns the appraisal report. […]

Does an appraisal stay with a property?

FAQ: Does the appraisal stay with a property? This week I had two people ask me a similar question so I thought I would share my answer with you. The question had to do with whether an appraisal report stays with a property, and if so for how long. In addition to that, they wanted to […]

What are the FHA rules for the roof?

FHA rules for the roof During an appraisal observation, the appraiser is required to identify and report all “readily observable” adverse conditions of the roof. You should know that what the appraiser does is not the same thing as a home inspection and it should not be considered one. In fact, there is even a […]

 

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