article thumbnail

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. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Renovation loan assessments.

Appraisal 106
article thumbnail

7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

An appraisal is an important part of the home buying process for the buyer, as lenders will not lend money to you if the appraised value comes back lower than the loan amount. Any existing easements on the property which legally allow another party to use someone else’s property.

article thumbnail

Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” Also, I have appraised multiple airports and done various easement studies for research.” My focus is lending institutions appraisals.” ” “FHA.”