by elliottawpuser | Jun 24, 2024 | Property Appraisals
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 may have come across concerning home appraisals, and perhaps they have...
by elliottawpuser | May 27, 2024 | Property Appraisals
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. Appraisers also consider the location of the property, its condition,...
by elliottawpuser | Apr 25, 2024 | Property Appraisals
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 uses and purposes can be served, including, but not limited to,...
by elliottawpuser | Apr 15, 2024 | Property Appraisals
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 reality. They act as critical factors in the assessment of lender’s...
by elliottawpuser | Apr 6, 2024 | Property Appraisals
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 real estate assets. As a buyer, it is critical to gain a clear...
by elliottawpuser | Mar 15, 2024 | Property Appraisals
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 home is worth. Appraisals help a lender in determining how much money...