Does the reason for the loan determine the home’s value? I was speaking at a local real estate office recently and was asked an interesting question. I thought I would share it with you along with my answer because I’m sure others may have wondered the same thing. The agent asked “does the reason for the […]
How knowing the rules of a final inspection can save you time and money
July 22, 2015 By 29 Comments
How knowing the rules of a final inspection can save you time and money I thought I would write a post this week about a topic I saw in an appraisal forum. That topic revolved around a final inspection and how the appraiser was accused of “nickel and diming” the owner to death. This issue […]
Five reasons to value your real estate appraiser
July 7, 2015 By 10 Comments
Five reasons to value your real estate appraiser Did you catch my cheesy pun? I hope so-appraisers do have a sense of humor you know. All kidding aside, appraisers can provide much needed value to the home buying process since they are the only unbiased third party to the sales transaction. We are often seen […]
Tips for hiring an appraiser you can trust
June 30, 2015 By 8 Comments
Tips for hiring an appraiser you can trust Over the past year or two, I’ve seen a shift in consumer behavior. More and more home buyers that may be using cash or other forms of payment where a mortgage is NOT necessary are still interested in getting an appraisal. I credit this to them being […]
5 Mistakes homeowners make in pricing their homes
June 25, 2015 By 8 Comments
5 Mistakes homeowners make in pricing their homes Appraisers measure market value, and market value is defined as the following: Market value is the most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and […]
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