Is There A Difference Between an Insurance Appraisal and a Mortgage Appraisal? A question I’ve been asked in the past has to do with the difference between an insurance appraisal and a bank appraisal. While both are appraisals there are big differences between the two so I thought I would share with you what they […]
Can an appraisal be used to arrive at an insurable amount?
July 22, 2013 By 8 Comments
I got a question recently from a homeowner whose house I recently appraised for the purchase mortgage. They wanted to know if they could use the appraisal to determine how much the home should be insured for. I’ve gotten this question before so I thought I would share with you my answer since it seems […]
Appraising In The Aftermath Of A Tornado-Birmingham, Alabama
January 30, 2012 By 4 Comments
How do you appraise a home that has been destroyed in a tornado? That is the question I got from a friend recently after I told him I had gotten some assignments in the storm devastated areas of Birmingham, Alabama. I thought that since he was curious about this that others may be also. I […]
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