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Appraisal Process, Methods, & Industry Basics

real estate appraiser evaluating home exterior

What Appraisers Look For In A House

Property evaluators examine four primary categories when assessing your home: physical condition, improvements, location, and site characteristics. These comprehensive evaluations determine your property’s market

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Appraiser and homeowner inspecting roof condition

Appraisers And Roof Conditions: What You Should Know

Roof condition significantly impacts property appraisals and can reduce home values by thousands of dollars. Appraisers examine roofs for missing shingles, water damage, granule

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Buyer walks away after appraisal results

Can A Buyer Walk Away After Appraisal?

Yes, buyers can legally walk away after a home appraisal if certain contract conditions exist. When a property appraises below the purchase price, buyers

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Property appraiser assessing interior room

Does An Appraiser Look In Every Room?

Yes, appraisers look in every room during a property evaluation. Professional appraisers conduct comprehensive room-by-room inspections, photographing all interior spaces, exterior areas, and structural

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Property appraisal validity period explained clearly

How Long Is An Appraisal Good For?

Most property appraisals remain valid for 90 to 180 days, depending on your loan type and market conditions. Working with experienced real estate appraisers

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A home appraisal expert valuing a house.

When And Why You Should Have Your Home Reappraised

A home reappraisal determines your property’s current market value after your initial purchase appraisal. New York homeowners should get their homes reappraised every one

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A homeowner sold the house for a high price after appraisal.

Appraisal Higher Than Purchase Price: What It Means

An appraisal higher than purchase price means you’re buying a New York home for less than its actual market value. This creates instant equity,

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Property appraisal expert talking to her clients.

9 Most Common Reasons to Order a Property Appraisal

A property appraisal is an independent professional assessment that determines your home’s current fair market value. New York property owners need appraisals for nine

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Home appraisal being done by an expert.

9 Things To Know Before Your Home Appraisal

A home appraisal is a professional, unbiased evaluation of your property’s market value in New York. Licensed appraisers conduct this assessment to determine what

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