Pre-Listing Appraisal Pros and Cons A pre-listing appraisal is one that is done prior to listing a home for sale. Its purpose is to provide a professional opinion of value in order to set a market-based list price. I make the distinction of a market-based list price for a reason. So many times a listing […]
5 Reasons Buyers Overpay For Homes
September 26, 2019 By 3 Comments
Appraisals Can Help Prevent Buyers From Overpaying An appraiser’s job is to provide an objective and unbiased opinion of value about the value of real property such as a single-family home. This information can be provided to anyone who owns, sells, or lends money on real property as security to help them make an informed […]
4 Things That Will Dictate The Price Of Your Appraisal
October 23, 2015 By 4 Comments
4 Things That Will Dictate The Price Of Your Appraisal I often get asked what the price of an appraisal is. This is not a question that is easily answered without getting additional information. While there is a pretty standard fee for properties that are typical for an area there are various things that will […]
How new FHA guidelines could cause appraisal costs to increase
October 13, 2015 By 4 Comments
How new FHA guidelines could cause appraisal costs to increase On September 14, 2015 the Federal Housing Administration (FHA) came out with a new and updated Single Family Housing Policy Handbook, also known as HUD Handbook 4000.1. This new handbook replaces the old 4150.2 handbook that appraisers have been using. The new policies in the […]
How much does an appraisal cost?
March 13, 2013 By 3 Comments
How much does an appraisal cost? I get asked “how much does an appraisal cost?” a lot. More and more homeowners these days are seriously considering getting an appraisal on their home to help them price it correctly to sell. There appears to be a change in the mindset of many homeowners from several years […]
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