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Preparing Your Home For an Appraisal

Eppraisal

It hasn't been uncommon where homes haven't appraised for the prices on the real estate contracts this year. To ensure your home receives it's best value, it's important to prepare for your home's appraisal. Big or small, repairs help increase home values. Appraisers are keeping a reign on how high prices will rise.

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2024 USPAP For Appraisers

Appraisal Today

Fannie Mae sees the appraisal process as β€œinspection + value.” Yet, the idea of sitting at the desk and relying on some stranger to gather the nuances of the property to generate a value is wildly flawed. I was taught that β€œone sale does not make a value.” The average contract interest rate for 5/1 ARMs increased to 6.49