Articles
The Process
Wikipedia.com has a nice document about real estate appraisals. We encourage you to read it. Most appraisals use the “Sales Co...
Subject Property
The appraiser starts by gathering information about the property. Some of this information is the location, type of neighborhood, size, rooms, improvements, age, condition, and unique features...
Comparable Properties
The appraiser will search for properties that will help establish the value of the subject property. The MLS is used to find similar properties that have SOLD within the past few months....
Property Inspection
The appraisal "inspection" is very different from an home inspection for defects. Appraisers are not trained to examine the quality of the home. They are looking at things that a typical buyer...
The Report
The appraisal report is completed after the inspection. We typically complete the report within two business days after the inspection. Challenging properties may take longer. The report will....