If you had to make a list of some of the most important elements of the real estate industry, appraisals would undoubtedly be right at the top. Providing an accurate indication of a property’s value is critical, in part because […]
One of the most important parts of the real estate industry is also, oddly enough, the one that is also the most overlooked: appraisals. A seemingly simple real estate appraisal can carry dramatic implications for everyone involved in a transaction […]
If you own an apartment building, office building, condominiums, industrial sites, shopping centers, or land that is up for sale, that property might be eligible for a commercial appraisal. You may need a commercial appraisal if your property is being […]
With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? The answer? Property appraisal should involve […]
Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. However, the […]
Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to […]
An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the […]
Realtors understand that one of the most common issues with property appraisals is the amount and type of appraisal adjustments. Sometimes, borrowers, agents, and lenders question the validity of reports, asking questions regarding the value of adjustments. Contrary to popular […]
Appraiser Independence Requirements (AIR) are a set of standards designed to replace the Home Valuation Code of Conduct (HVCC). The main objective was to preserve the intent of HVCC while continuing to improve security for mortgage investors, lenders, real estate […]
There is no doubt that the appraisal process is one of the integral components of modern property ownership nowadays. As an appraiser, you know that the real estate appraisal process acts as an effective means of communicating the value of […]
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