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Everything You Should Know About a Home Appraisal

Appraisal Hub

Mortgage lenders require assurance that they are issuing a loan commensurate to the value of the property. A property appraisal in Toronto will provide them with an accurate assessment of that home’s value. Appraisal Hub Inc.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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3 Types Of Appraisals Realtors Should Be Aware Of

Birmingham Appraisal

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

What is property data collection? The key to either solution being effective is property data collection. Property data collection consists of a complete interior and exterior inspection of the subject property. The original appraisal waiver solutions were launched in August 2017.

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Mortgage Term Glossary

Assurance Financial

Mortgage Lending Terminology . During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. The appraisal can be more than the price of the house or it can be less. Assessed Value.

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Why Your Home Appraisal Might Come in Low

Realtor

The home appraisal expert didn’t do a neighborhood deep-dive. To appraise the value of a property, appraisers rely heavily on comps, which are prices paid for similar homes sold recently. But the appraiser could select comps of homes that sold for mysteriously low prices.

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Appraising Fixer Uppers

Appraisal Today

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Diversify!!