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
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
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
Why You Should Hire a Real Estate Appraiser Before Investing in Property Investing in real estate, whether residential or commercial, can be a risky business. The market is unpredictable, and you stand to lose a great deal of capital should you lack insight and the necessary details to make an informed decision when you go
TWENTY TWENTY ONE New Year, new challenges, new opportunities and another year to Grow! The world faced incredible challenges in 2020. I must give a shout out to the Black Lives Movement which provided space for me to question my own white privilege and seek solutions in my own way to help communities of colour.
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 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
How to maximize your market rent appraisal? Many lenders now require a market rent analysis to ensure that borrowers can support their debt when issuing a mortgage. This can come in the form of a tenancy agreement or a market rent appraisal from an approved appraiser. Unlike the good old days when a market estimate
What is the difference between a Full Appraisal and a Drive-By Appraisal? April 24, 2020 We are often asked the difference between a drive-by appraisal and a full appraisal (with no interior inspection, using photos and data from the homeowner and/or realtor). Especially during this time when interior inspections cannot be conducted due to COVID-19,
