Probate Appraisals: Nail the Number, Avoid the Headaches Probate appraisals aren’t just “another home valuation.” Unlike a mortgage appraisal that tells a lender what the house is worth today, a probate appraisal often pegs value on a past date and must stand up to IRS and court scrutiny. In the post below, I’ll break down […]
How Confidential is Your Appraisal?
June 19, 2024 By 7 Comments
How Important is a Confidential Appraisal? In the world of real estate appraisal, confidentiality is paramount. A confidential appraisal is of primary importance to homeowners who often express concern about the privacy of their appraisal report and who might have access to this sensitive information. As a residential real estate appraiser with decades of experience […]
Do I Need A Probate Appraisal?
June 9, 2022 By 6 Comments
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 […]
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