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The Surprising Ways Home Measurements Can Make or Break an Appraisal – Get the Inside Scoop!

The Surprising Ways Home Measurements Can Make or Break an Appraisal – Get the Inside Scoop!

by elliottawpuser | Feb 13, 2024 | Property Appraisals

Surprisingly, someone who does not measure right your house does lead to a significant lowering of your property’s appraisal value. Precise measurements are of extreme importance as they could cause up to a general flop of the entire assessment if it goes wrong....
Cracking the Code: Understanding Appraisal Challenges in Today’s Housing Market!

Cracking the Code: Understanding Appraisal Challenges in Today’s Housing Market!

by elliottawpuser | Feb 6, 2024 | Property Appraisals

Modern housing market appraisal issues are more complex and the research must reflect on multiple factors. These factors include the market trends, legal changes, and the structure of the property, which establish the true value of any property. Besides that, they...
How Residential Real Estate Appraisers Can Benefit and Help Accountants Do Their Job

How Residential Real Estate Appraisers Can Benefit and Help Accountants Do Their Job

by elliottawpuser | Jan 28, 2024 | General

The role of residential real estate appraisers and accountants in the world of finance cannot be overemphasized because these individuals have their own specific responsibilities. The professionals who set the value of residential properties are known as Residential...
Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

by elliottawpuser | Jan 20, 2024 | General

The Law of Diminishing Returns states that as units of a commodity or service increase, the satisfaction or utility derived from every unit decreases. This principle is critical to real estate pricing because it ensures that the sellers and agents set the right price....
Can You Get a Second Opinion on the Value of Your Home

Can You Get a Second Opinion on the Value of Your Home

by elliottawpuser | Jan 12, 2024 | General

It is very important to know what your home value accurately since this will help you determine the price of it. With regard to selling, refinancing, and home equity loans among others in real estate, the value of a house is very critical. Although most homeowners...
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