Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants […]
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 given property. When an appraisal comes back lower […]
Selling or buying a house both require an appraisal to find the right cost of the property. Typically, the bank will order an independent appraisal to help ensure you loan your property’s true value. Now, if you’re refinancing your house, […]
Realtors understand that one of the most common issues with property appraisals is the amount and type of appraisal adjustments. Sometimes, borrowers, agents, and lenders question the validity of reports, asking questions regarding the value of adjustments. Contrary to popular […]
What Is An Appraisal Review? An appraisal review, as the name indicates, is an evaluation of an assessment report, which ensures that it complies with specific interventions available and is the general part of a quality management program for the lender. […]
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