Real Estate Appraiser Terminology

Real Estate Appraiser Terminology

Like any profession, the Real Estate Appraiser profession has it’s own terminology that accompanies it. For an Appraiser the terms are second nature and we can sometimes forget that the layman may not know the meaning of some of the things that we say. Here is a...
What is a Home Inspection?

What is a Home Inspection?

When ordering any type of home Appraisal other than a drive-by Appraisal, an interior home inspection is necessary. This is an important part of the Appraisal process as it allows a Real Estate Appraiser to obtain a firm grasp of where a particular property stands in...
Three Approaches to Value

Three Approaches to Value

When conducting a Real Estate Appraisal, the Appraiser has three techniques that he/she can utilize in order to arrive at an opinion of market value. It is rare that an Appraiser will utilize all three approaches during an Appraisal assignment as each is catered...
Do I Need an Appraisal?

Do I Need an Appraisal?

As a homeowner, you may need an Appraisal of your home for a variety of reasons. Whether you want to determine the value of your home prior to listing it on the market, refinance your mortgage, acquire a home equity line of credit, or even remove a PMI burden from...
How to Prepare for an Appraisal

How to Prepare for an Appraisal

The Appraiser’s home inspection is a painless process that can be made even easier if you do a bit of preparation. An experienced Appraiser will know the basic characteristics of your home before arriving, but there are things that you can do to help us out...