Questions to Ask Your Commercial Property Appraiser One of the most important aspects of a commercial real estate transaction is a property appraisal. Whether you’re buying or selling a piece of real estate, you want to ensure that the property appraiser you’ve hired is capable of correctly determining the value of the building or land
When Should a Property Owner Engage an Appraiser? Do you know how much your property is currently worth? We’re not referring to the amount you paid for your home. Over time, the value of a home may change due to home improvements, infrastructure developments, and even landscaping. Getting your property reappraised is the only way
How to Increase Your Home Appraisal Value Several circumstances may have piqued your interest in the value of your property. Maybe you’re thinking of selling your home or buying a new property. Perhaps you need to settle a legal dispute or are seeking a loan from a financial institution. No matter the reason, a home
What is a Home Appraisal and How Much Does It Cost? A home appraisal is an essential determinant of a home’s fair market value. The process involves enlisting an appraiser who uses their skills and experience to assess a home and its property. Standardized valuation methods are then used to derive an estimate of value.
Things to Consider When Hiring an Appraiser A home appraisal is a necessary step when purchasing or selling a home as it provides an independent and unbiased assessment of a property’s value. However, real estate appraisal is a profession like any other. Some appraisers are efficient and knowledgeable, while others leave clients dissatisfied. It’s up
Upgrades That Will Add Value to Your Home Are you looking for ways to raise the appraised value of your home? The significant factors that help determine the worth of your home are its size, condition, property type, location, and the current state of the real estate market. While some of these factors may be
How Does a Home Appraisal Differ From a Home Inspection? Purchasing a home can be a tedious but rewarding endeavour. It can be a worthwhile investment if you seek guidance from the onset and follow some key steps. When it comes to your dream home, getting a residential appraisal and a home inspection are non-negotiable
How Long Does a Home Appraisal Take? A home appraisal is a process used to estimate the fair market value of a property. Conducted by an appraiser, it is a crucial component of home sale/purchase transactions that involve mortgages and applications for mortgage refinancing. Home appraisals are usually a source of uncertainty and apprehension among
Splitting Property in a Divorce? Need an Appraisal The division of property is a complex and inevitable part of divorce proceedings for couples who have assets. Property, whether real estate, stocks or debts must be appropriately classified (whether non-marital or marital), valued and equitably dispensed to the satisfaction of both spouses or the courts. The
What Can Hurt a Home Appraisal? A home appraisal is the means by which a professional appraiser determines the worth or fair market value of a home. The value is important for home purchases, home sales and mortgage financing. A home valued on the wrong side of an appraisal (low versus high) can be problematic
