Home Appraisals vs. Home Inspections: What You Need to Know
Buying a house, it is important to know the distinction between a home appraisal and home inspection. The two processes are crucial stages in the process of purchasing a property yet they have...
Why Get a Replacement Cost Appraisal on your Home or Multi Family Building
One of the greatest things you can do when it comes to safeguarding your property investment is to obtain a replacement cost appraisal. The replacement cost can give you the reassurance you need...
What is a Fair Market Rent Appraisal Report?
A Fair Market Rent (FMR) Appraisal Report is a very crucial document that is utilized in the real estate and property management industries in order to identify the rental price of a property. It...
Why an Appraisal Is Essential When Changing Property Use in Canada
In Canada, changing the use of a property (e.g. converting a principal residence to a rental property or vice versa) may have important tax consequences. The most important thing to do in this...
When Does the CRA Require a Property Appraisal?
The Canada Revenue Agency (CRA) has certain rules and guidelines to be followed in case of property transactions and in certain instances a property appraisal is needed to be done to make sure that...
Getting an Appraisal for BC Property Transfer Tax: A Step-by-Step Guide
The Property Transfer Tax (PTT) is a major factor when transferring property in British Columbia (BC). Although the purchase price may be equal to the fair market value (FMV), there are cases where...
What is the Main Difference Between an Appraisal and a CMA
The process of selling a house is hectic, especially to first time investors in the real estate market, because the jargons are very confusing. The difference between a competitive marketing...
Do You Need an Appraiser for Probate?
There are many cases dealing with probate, which remains a highly sensitive matter for several reasons, including estimating the value of the deceased’s estate. One of the many questions that may...
Common Challenges in Probate Appraisal and How to Overcome Them
Probate appraisal is an important procedure that takes place after the death of a human being. It entails determining the value of the deceased’s property for the sake of the law. However, probate...
7 Home Appraisal Myths You Should Ignore
This article provides readers with insight into the appraisal process when purchasing or refinancing a home to clarify misconceptions they may have. There are many myths and misconceptions that you...
