Remove Appraisal Process Remove Construction Remove Design Remove Market Value
article thumbnail

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller.

article thumbnail

5 Tips for Appraising Green Homes

McKissock

Here are five tips for appraising green homes that you can use as guidance. You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Download this free ebook to learn the ins and outs of this growing appraisal niche.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Desktop Appraisals: Who, When, and Why

Appraisal Today

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. North Carolina’s Most Expensive Listing – $50M Excerpts: 7 bedroom 7.5+ baths, 14,450 sq.ft.,

article thumbnail

An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Thus, the cost of a house depends on both the construction and land cost. The appraisal will consider the market value of the land. Land value depends on: The location. For example, lots in major urban centers tend to have higher values than those in rural locations. Construction Cost. The land size.

article thumbnail

Does the Home You Want To Buy Qualify for a USDA Loan? Here’s How To Tell

Realtor

While there is a lot of flexibility in the type of home that may be accepted for a USDA home loan—including condos , townhouses , and new construction —not all homes will qualify. Though the design, system, and fuel source don’t matter, the unit must provide appropriate temperature control. no frayed or exposed wires).

article thumbnail

Decoding a Commercial Appraisal: Insider Insights

AmeriMac

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. After the inspection, the appraiser analyzes the data and prepares an appraisal report.

article thumbnail

26 Reasons to Get an Appraisal

Realvals

An appraisal is an essential part of this process. An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal.

Appraisal 145