This week I got a call from a person asking me what the difference between a refinance appraisal and purchase appraisal was because they wanted to use the refinance appraisal to help them sell their home. This was a very good question that I’ve been asked often over the years. Different Use, Different Value? Some […]
What is the difference between a refinance appraisal and purchase appraisal?
July 22, 2014 By 41 Comments
Anatomy of an appraisal report
July 15, 2014 By 1 Comment
Appraiser Tom Horn explains how to read and understand a residential real estate appraisal form. From the subject property to the comps he’ll show you where it’s at and helps you make sense of it.
Do I need a pre-listing appraisal even If I’m using a real estate agent?
April 3, 2014 By Leave a Comment
My best answer for this question is “It depends”. Some people think that just because they are using a real estate agent that they don’t need an appraisal, but this is just not true in every situation. I thought we could take a look at times when it would make sense to get an appraisal […]
Can the cost approach be used over the sales comparison approach since it’s higher?
March 20, 2014 By 26 Comments
This was a question I got asked today from a frustrated seller. She had called me to get my opinion of an appraisal that was done on her home that had appraised lower than the contract amount. I would like to share with you my answer to her as well as my thoughts on the […]
5 common errors to look for in your appraisal report if it comes in low
March 17, 2014 By 16 Comments
Appraisal Come In Low? A popular topic among users of appraisal services these days is low appraisals. As you know the real estate market has been depressed over the last several years and a result of this is that appraisals for refinancing and home purchase’s have come in low. While foreclosures and the overall downturn […]
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