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Is Property Appraisal an Art or a Science?

AmeriMac

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

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Is Property Appraisal an Art or a Science?

AmeriMac

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

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article thumbnail

Is Property Appraisal an Art or a Science?

AmeriMac

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

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Understanding Mortgage Payments

Assurance Financial

You can also borrow strategically against your equity by taking out home equity loans — to perform renovations, say, and boost the eventual resale value of your home. A mortgage loan is a type of loan that is used to purchase a property, such as a home or a piece of land. Insurance payments work similarly to property tax payments.

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Why Do Home Appraisals Cost so Much?

AmeriMac

An appraisal is a vital component of the home buying process and is necessary for the lender and buyer. A home appraisal refers to a certified appraiser’s analysis of a home’s worth. Appraisers craft these reports based on several factors, including: Comparable homes in the neighborhood.

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Why Do Home Appraisals Cost so Much?

AmeriMac

An appraisal is a vital component of the home buying process and is necessary for the lender and buyer. A home appraisal refers to a certified appraiser’s analysis of a home’s worth. Appraisers craft these reports based on several factors, including: Comparable homes in the neighborhood.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Sometimes these online services are referred to more formally as Automated Valuation Models (AVMs), or more casually, home value calculators. Online home value estimators provide estimated values for properties based on algorithms and calculations using different sets of property data, taken from MLS and BC Assessment, for example.