Tag Archive: appraisal questions answered

Oct 10, 2012

Kanye West And Kim Kardashian House Hunt

Photographers caught love birds Kim and Kanye in Miami, Florida recently. This wasn’t a regular lunch date for the two, in fact, it seems that they were house hunting for their next dream house. As you can imagine, the duo were not looking for fixer-uppers. Instead, they were looking at ritzy waterfront properties with lots…View the full report…


Oct 07, 2012

The Types Of Values Sought With An Appraisal

A real estate appraisal develops an opinion on the value of a property. Most often, the use is to determine the market value of a home for a buyer and seller. However, because no two properties are alike and they may serve different needs such as a commercial space versus a home, there are different types of values sought…View the full report…


Sep 30, 2012

The What, How And Why Of A Bankruptcy Appraisal

If you are filing for bankruptcy, getting a bankruptcy appraisal may be one of the most important things you do. Filing for bankruptcy as a means to control of your finances is a difficult, yet sometimes necessary procedure. When you file, you must provide the court with transparent records of your income, debt and any other financial affiliations. While gathering current…View the full report…


Sep 22, 2012

Should A Cash Buyer Get An Appraisal?

We received a call from a prospective client who asked about whether or not an appraisal was needed if she were a cash buyer. She went on to say that the price she was quoted by the  homeowner seemed reasonable since her friend had purchased a house nearby for just about the same amount. However,…View the full report…


Sep 06, 2012

Reasons For Getting A Home Appraisal

Most people think that the only reason to get a home appraisal is because they are refinancing or financing a purchase of a home. There are actually a host of other reasons too. An appraiser is always a valuable third party correspondent in many other circumstances. Here are some examples where an appraisal may come…View the full report…


Aug 26, 2012

Do Celebs Get Premium Prices On Their Homes?

Recently, real estate agent Barbara Cocoran went on the Today Show to discuss real estate pricing for the rich and famous. The high end market of celebrity real estate is not like regular real estate, not even compared to millionaires who own mansions in exclusive neighborhoods. According to Cocoran, buyers pay a premium prices on…View the full report…


Aug 05, 2012

Low Appraisal? Here Is What To Do

Several real estate appraisers have mentioned that foreclosures and short sales have created a new price structure that includes average home sales prices and distress sales. This means that homes may have been appraised at a lower value because the “comps” in the area are low as well. So what should a homeowner do if the…View the full report…


Jul 30, 2012

Is An “As-Is” Appraisal A Good Idea?

A local appraiser we work with recently received a call to appraise a home in Florida. The home owner said that his home consisted of 2 acres of land and a partially built residence. He wanted to know if an “as-is” appraisal for the property was a good idea. Normally, homes that are under construction are not good…View the full report…


Jul 24, 2012

Do Bigger Improvements Get A Better Appraisal?

The short answer is yes. However, the long answer requires some consideration. As we’ve discussed before, the most accurate appraisal figures come from the comps in the vicinity of the subject property. “Comps” is just a term appraisers use to describe comparable properties in your area. So, comps are homes with the same or similar…View the full report…


Jul 14, 2012

How You Can Prepare Your Home For An Appraisal

It’s common knowledge that homeowners prepare their homes for home sales. They clean and make sure that all possible repair work has been done before the real estate agent and potential buyers visit. It’s essential to prepare your home for an appraisal as well. The process leads to a sale and there is no reason…View the full report…