In the world of real estate, equity is commonly defined as the portion of an owner’s home that they have officially paid off In other words, it’s the current difference between A) what...
One of the most critical things for new homeowners in particular to understand is where their property begins and ends Property lines show you the exact boundaries of your property, which can be...
During a traditional home appraisal, a trained, certified professional will enter a house and conduct a thorough examination of both the interior and exterior They’ll use everything they learn...
The appraisal process is one of the most important elements of the real estate industry – and unfortunately for the appraisers themselves, it’s also one of the most time consuming In a...
One of the most critical aspects of buying or selling a home ultimately comes down to the appraisal that is performed just before a transaction is finalized Sometimes people order their own...
An Appraisal Management Company is more than just an appraiser Instead, it is an independent entity that works with lenders and others who need valuation services They go through the administrative...
If you had to make a list of some of the most important elements of the real estate industry, appraisals would undoubtedly be right at the top Providing an accurate indication of a property’s...
One of the most important parts of the real estate industry is also, oddly enough, the one that is also the most overlooked: appraisals A seemingly simple real estate appraisal can carry dramatic...
Housing sales in the greater Columbus area have soared by 184 percent over the last two years and the average sale price is currently more than $200,000 This dramatic increase in value affects home...
A property appraisal is a process of estimating the value of real estate It is an unbiased opinion of a home’s value given by a professional Appraisals are almost always used in purchase and...
If you own an apartment building, office building, condominiums, industrial sites, shopping centers, or land that is up for sale, that property might be eligible for a commercial appraisal You may...
The results of a real estate appraisal carry major implications for borrowers, lenders, and sellers alike Ultimately, the goal of an appraisal is to determine a fair and reasonable value for any...