Adlaw Appraisals - Approved Appraiser List Adlaw Appraisals: Insight into Approved Appraiser Selection Introduction: The process of selecting appraisers for lending purposes is often nuanced, with lenders maintaining a curated list of preferred professionals. This approach ensures quality control, predictability in costs and turnaround times, and fosters trust between lenders and appraisers. Adlaw Appraisals, since
Lender's Work With Appraisers They Trust Not all lenders deal with all appraisers...why is that? Since the beginning of time, lenders have had a list of appraisers they choose to work with. They do this so they can manage the quality of the appraisals and it provides them relative certainty on costs, turnaround times and
WHAT'S THE DEAL WITH TRANSMITTALS LETTERS? Audience: Residential Mortgage Brokers in BC Lender’s require a letter of transmittal in their name, which allows them to rely on an appraisal for mortgage financing purposes. If an appraisal does not work with a lender, the broker/client may request a letter of transmittal from the appraisal firm for
Sale Price & Appraised Value Should be the Same? Not necessarily. Read on my friends.... The sale price is the amount paid by one party to another, in exchange for ownership of a piece of real estate. It is usually determined by market forces, most notably demand and supply of that housing type. Other items
How to Determine a Home's Value Many people think about a home's value when they are considering selling their home or buying a home. If you're thinking about buying a home, you may want to know its value so that you can determine whether you can get the mortgage amount you require from the lender.
