Excited about your home makeover… Homeowners often assume that spending $25,000 on a new kitchen will raise the value of their house by $25,000. But that’s rarely the case, home-improvement projects often are not worth the price in a resale situation. The renovations...
Why should I pay for an appraisal when I can get the value of my home for free from Zillow or other websites? You can reach out to any number of places to get an opinion of what your home is worth. Zillow states that their estimated market value uses a proprietary...
This is one of the most asked questions and the answer is, Yes. During the loan process the lender is required by law to provide you a copy of the Real Estate Appraisal either before closing or at closing (depending on your agreement with the lender). The lender is...
The physical inspection of the residential property being appraised can take approximately fifteen minutes to a couple hours, depending upon the size and complexity of the property. The onsite inspection is typically the easiest part of the process. After the initial...
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