How Does a Home Appraisal Differ From a Home Inspection?

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

Splitting Property in a Divorce? Here’s Why You Need an Appraisal

Splitting Property in a Divorce? Here’s Why You 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

Can You Challenge a Low Home Appraisal?

Can You Challenge a Low Home Appraisal? Home appraisals are unbiased opinions of a home’s fair market value or worth. Prospective homebuyers and homeowners wishing to refinance an existing mortgage will need a home appraisal to finalize their transactions with a mortgage company. Sometimes a transaction is disrupted by a low appraisal, resulting in a

6 Significant Things About Commercial Real Estate Appraisals

6 Significant Things About Commercial Real Estate Appraisals Business owners often need a commercial real estate appraisal for a variety of reasons, such as real estate sales and purchases, financing, property insurance, investment and marketing & listing purposes. But what is a commercial real estate appraisal? Also known as a property valuation, a commercial real

What Do Home Appraisers Look For In A House?

What Do Home Appraisers Look For In A House? A home appraiser is a professional tasked with estimating the market value of a house for a variety of purposes including real estate transactions, mortgage financing, estate, tax purposes, marketing listing purposes, and litigation. This task is especially important to mortgage lenders for the management of

Refinance Appraisal Vs. Purchase Appraisal

Refinance Appraisal Vs. Purchase Appraisal A professional estimate of your home’s value can show the lender that you won’t be borrowing more money than the property is worth. Many homeowners are not aware that they will likely need a new appraisal before they can refinance their mortgage. Let’s go over some differences between a refinance