What Hurts a Home Appraisal: 3 Critical Elements
What Hurts a Home Appraisal Top 3 things that could hurt your home appraisal: 1.) Lack of Maintenance If your home is in poor condition due to lack of maintenance, it could be valued lower than similar homes that are well-maintained. This is because appraisers will take into consideration the condition of the property when […]
What is a Comparative Market Analysis & How Does It Impact the Value of My Home or Real Estate?
Determining the Value of a Home or Real Estate with a Comparative Marketing Analysis A frequently asked question we get all the time is, what is a comparative market analysis in real estate and why is it important for a real estate agent to understand the importance of fair market value in housing prices. Comparative […]
What is Included in a Home Appraisal and How Much Does One Cost?
Costs and Services Included in a Real Estate, Home Appraisal The home appraisal is a process that leads to the development of an opinion of value for a home. The process typically finishes with an appraisal report that contains physical information about the home being appraised, the market in which the home is located, and […]
What is the Difference Between an Appraisal and a Home Inspection?
Getting Home Appraisals and Home Inspections—Things You Should Know Understanding the difference will help save money and protect you from making a bad investment. Home appraisals and home inspections are two important steps in buying a home. You’ll need an appraisal before obtaining a loan, which means the lender requires it. Your lender will want […]