September, 2014

article thumbnail

Should I Hire a Cheap Appraiser?

California Home Appraisals INC.

If you haven’t worked with an appraiser before, you may not realize that all appraisers are not equally qualified. There are countless examples of people who based their hiring decision strictly on who the cheapest appraiser is. Don’t wait for your own bad learning experience, make sure to hire an appraiser that is qualified and geographically competent in your market area.

article thumbnail

Triangle Multifamily Investment Market Continues to be Strong

Benyon Commercial Appraiser

The Triangle multifamily/apartment investment market continues to experience demand for new construction, Class A complexes. Purchasers tend to be Private or National Investment Groups and REITS. Some of the most recent deals include: (Raleigh) August 2014 – Meridian at Wakefield, 369 Units, $137,000± per unit. (Durham) July 2014 – The Heights at South LaSalle, $185,000± per unit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FHA – Top 10 Appraisal Items

California Home Appraisals INC.

There are many issues that may cause problems when having a FHA appraisal completed. However, there are some that typically appear more frequently than others. You should be aware these typical issues because most sellers or realtors will face at least one of these issues. It is a good idea to be prepared and make corrections ahead of time by having an idea of what the appraiser will be looking for.

article thumbnail

Top 10 Questions to Ask an Appraiser before Hiring Them

California Home Appraisals INC.

The real estate appraiser plays a significant role in many of the situations that involve real estate. The situations may be a home purchase, estate settlement, divorce, bankruptcy, tax appeal or other. The appraiser’s role should never be downplayed, since their appraisal may be the difference between a successful transaction or a bad transaction and the potential loss of money.