Insurance Appraisal vs Bank Appraisal: What’s The Difference?

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 […]

What is a Pass-through Bedroom?

Things to consider with a pass-through bedroom You may not have heard it called a “pass-through bedroom” but I’ll bet you know what it is. If you’ve ever been in a house where you need to pass through one bedroom to get to another one then you probably know what I’m talking about. These are […]

When Is The Best Time To Order A Pre-Listing Appraisal?

When Should I Order a Pre-listing Appraisal? When should you order a pre-listing appraisal? This was a question I was asked this week by a homeowner who was doing some work on their home that was going to take about a month to complete. They wanted to know if they should go ahead and get […]

What Is A Competitive Market Area?

Competitive Market Area Explained A competitive market area is something that I write about quite a bit when discussing comparable sales selection. It answers a lot of questions about where agents can look for sales when pricing a home. The sales comparison approach is the most recognized approach for non-appraisers. Most people know what a […]

What Is The Home Appraisal Timeline?

These Items Affect The Home Appraisal Timeline I recently wrote a blog post about the different reasons that it might take a while to get your appraisal back. This consisted of various issues that appraisers could run into that may add to the typical time frame. The items I discussed in the previous post may […]

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