|
|
|
Appraisal Articles
Appraisal Basics
An appraisal of real estate is the valuation of the rights of ownership. The
appraiser must define the rights he intends to appraise.
Appraisal Methods
An appraisal is an opinion of value or the act or process of estimating value.
This opinion or estimate is derived by using three common approaches, all
derived from the market.
Your Home's Market Value
In the real world, very few individuals order appraisal reports to establish an
offering price or to substantiate a purchase price.
Appraisal needed to obtain home mortgage loan
Usually, individuals applying for a loan are only interested in obtaining the
loan and unfortunately are not worried about the prudence of buying the property
at the agreed price.
Angie McCarter
Contact me for
more info
|
|
|
|
