Insights

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...

Understanding the Appraisal Process The appraisal process includes: The physical inspection of the property. Review of market data. Other considerations that may influence the value of the property....

Understanding Non-Lender Appraisals Non-lender appraisals also encompass property valuations where the appraiser is not working in the loan origination process. Through the appraisals, a number of...

Myth 1: Appraisals Are Actually Formality Although plenty of people think that home appraisals are mere formalities in the process of house purchase, this misconception could not be farther from...

The Importance of Appraisals in Real Estate Transactions In the realm of real estate landscapes, the appraiser is normally the main actor in the process that determines the fair market value of the...

Selling a house can be tricky, and homeowners often have concerns about whether the cleanliness of their home has any bearing on the assessment by an appraiser. An appraisal is an estimate of what a...

Ensuring that the errors in your property appraisal are identified is vital to attain precision and consistency. One manner by which they can spot these errors is by being extremely critical of the...

Traditional home valuations are no longer restricted but appraisals. Modern appraisers benefit from improved technology advancing at a rapid pace and possess powerful tools such as AI and big data...

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...

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,...