5 Reasons to get a pre-listing appraisal If I had to pick one part of my appraisal business that has increased over the last several years it would have to be pre-listing appraisals. A pre-listing appraisal is one performed before putting your home on the market for sale in order to get an accurate asking […]
A downloadable TRID info. sheet for FSBO sellers and real estate agents to provide to lenders
A downloadable TRID info. sheet for FSBO sellers and real estate agents For those that are not familiar with TRID I’ll give you a simple explanation. TRID stands for TILA/RESPA Integrated Disclosure Rule and it replaces HUD’s Truth-in-Lending disclosure & Good Faith Estimate. Without going into the details, it seeks to simplify the calculation and disclosure of […]
5 Mistakes homeowners make in pricing their homes
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 […]
Four areas the appraiser will not include in your homes square footage
Four areas the appraiser will not include in your homes square footage With everything else being the same a home with more square footage will always sell for more. That makes sense right? When we talk about square footage, keep in mind that we’re talking about heated and cooled living area, commonly known as gross […]
Do I need a pre-listing appraisal even If I’m using a real estate agent?
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 […]
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