Assessments vs Real Estate Appraisals can be confusing. An assessment is the value placed on a property by the town or city’s assessor’s office to determine the property tax due. Assessments typically do not change every year. An appraisal is a report done...
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...
Appraisers are trained and regulated to be independent unbiased third parties. Most appraisers are terrified to do anything that might suggest that they are biased. The appraisal board is no joke and implied negligence can cost an appraiser their career. This fear...
Look at your home from the street and make sure your curb appeal is maximized by a tidy yard, grass mowed, hedges trimmed clutter and toys put away. These are all small issues you can take care of quickly to make a good first impression. The same for the...
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...
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