Five reasons to value your real estate appraiser Did you catch my cheesy pun? I hope so-appraisers do have a sense of humor you know. All kidding aside, appraisers can provide much needed value to the home buying process since they are the only unbiased third party to the sales transaction. We are often seen […]
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 […]
5 Mistakes homeowners make in pricing their homes
June 25, 2015 By 8 Comments
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 […]
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 […]
What is the FHA rule for electrical outlets?
June 16, 2015 By 33 Comments
What is the FHA rule for electrical outlets? FHA appraisals vary from conventional appraisals on various things related to the safety, soundness and security of the house. Some of the items that appraisers look at to determine whether they function or not can be easily inspected by the seller or real estate agent prior to […]
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