What is a Probate Appraisal? You may have heard the term before but may still be asking yourself “what is probate and what is a probate appraisal?” Probate is the legal process a will must go through to prove its validity before anything can be distributed to the named beneficiaries. If this does not happen […]
What is an appraisal contingency and why is it more important now than ever?
June 29, 2018 By 6 Comments
What is an Appraisal Contingency? For those not familiar with what an appraisal contingency is let me give you a simple explanation. An appraisal contingency gives you a way out of a legally binding contract should the home you are purchasing not appraise for at least the contract price. If you are purchasing a home […]
4 Appraisal ethics rules Zillow may be breaking when they give your zestimate
June 14, 2017 By 14 Comments
Do appraisal guidelines matter? In case you haven’t heard, real estate website giant Zillow is part of a current lawsuit that was filed by Chicago real estate attorney Barbara Anderson. The lawsuit was instigated because Ms. Anderson claims that the Zestimate provided by Zillow does not reflect the true market value of her home and […]
Do I need a bankruptcy appraisal?
March 29, 2017 By 4 Comments
Bankruptcy appraisal provides proof of the value of your home If you are ever in the situation where you need to file for bankruptcy, and you own a home, you will probably need a bankruptcy appraisal. Choosing a qualified bankruptcy appraiser is important because there are a lot of moving parts in this process and […]
What is an easement and how does it affect my property value?
October 20, 2016 By 29 Comments
What is an easement? If you’ve ever purchased real estate it’s quite possible that the property may have been subject to an easement. Easements are common and a lot of properties have them without the owner even being aware of it. The easement is something that is included in the legal description as well as […]
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