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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? Typically, this would be for local property tax appeals. Sometimes a title insurance company will need appraisal services to determine the impact of an error in a legal description or overlooked encumbrances in the title insurance policy.