AmeriMac
MARCH 29, 2024
Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.
Birmingham Appraisal
AUGUST 23, 2023
This can come in the form of a pre-listing appraisal to help establish a market-supported asking price for the seller. The appraisal can also give potential buyers peace of mind that the home is accurately priced and will most likely not have any value issues when the mortgage appraisal is performed.
McKissock
OCTOBER 12, 2021
I put on both my appraiser and remodeler hats, performed a detailed walk-thru, and priced out the cost to hire everything done, and the estimate is right at $90,000. So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000? Who might buy it?
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