A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. Real estate appraisers are tasked with determining the market value of a property, and they need to be aware of […]
What Does A Real Estate Appraisal Include?
November 8, 2022 By 2 Comments
What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning, probate, divorce, PMI cancellation, pre-listing, and pre-purchase. Appraisals are not something most people order on an ongoing basis so they are not really […]
Are You Pricing Your Home Too High For Today’s Market?
October 26, 2022 By 7 Comments
Don’t Be Guilty of Pricing Your Home Too High It’s already been said, however, I think it is worth stating again that the market has shifted. It’s important to keep this in mind when pricing your home to sell because if you don’t this could cost you both time and money. In fact, the market […]
What is External Obsolescence?
October 4, 2022 By 3 Comments
A Look at External Obsolescence External obsolescence is not something you hear about every day. If you are interested in purchasing real estate and choosing a property that retains its value then you may want to learn a little more about this form of depreciation that is not discussed much. If you break down the […]
What Is A Final Inspection?
September 20, 2022 By 5 Comments
A Closer Look At The Final Inspection You may have heard of an appraisal inspection but what is a final inspection? Keep reading to find out the “second part” of the appraisal process for certain types of appraisals. For many types of appraisals, there is only one inspection or observation as we like to call […]
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