Why do appraisers need to analyze the sales history of the property they’re appraising? During an appraisal assignment this week I was speaking with an agent who was re-selling a home they had first sold two years ago. Whenever I have the opportunity to meet with an agent during my visit to the property I […]
Why do appraisers need to analyze the sales history of the property they’re appraising?
August 25, 2015 By 10 Comments
Does the reason for the loan determine the home’s value?
July 29, 2015 By 7 Comments
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 […]
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 […]
Can my house be appraised in the middle of a renovation project?
June 23, 2015 By 66 Comments
Can my house be appraised in the middle of a renovation project? During one of my recent assignments I was speaking with the homeowner to set up the appointment. Whenever I do this I like to ask questions about their house including whether it has had any recent updates or renovations. It turned out that […]
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