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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

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Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Renovation loan assessments. Estate settlements. There are two main parts to a Home Appraisal: Inspection of the property. Mortgage financing and refinancing.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Home improvements and renovations. This can include anything from the central air system you installed 10 years ago to the kitchen flooring and countertops you just renovated (along with the new oven and fridge to match, of course). Thoroughly inspect safety equipment like smoke alarms, carbon monoxide alarms and home security systems.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. Many of them invested their funds in the stock market (which was up 16%) and real estate (up to over 8% on average) last year. 2020: #6 Individual Agent, Keller Williams, Worldwide.