Legal & Specialized Appraisals (Estate, Divorce, Tax, Litigation)

Most homeowners don’t need a pre-listing appraisal. A free comparative market analysis (CMA) from a real estate agent provides sufficient accuracy for 90% of

Agent conducting home value appraisal

A home appraisal is a professional evaluation that determines your property’s current market value, typically required by lenders during home purchases, sales, or refinancing.

Preparing for a home appraisal requires strategic focus on property condition, functionality, and documentation rather than expensive renovations. Professional appraisers evaluate structural integrity, working

A calculator and laptop in the background, with coins and a paper house labeled "Home Appraisal"

A low home appraisal occurs when a licensed appraiser determines your property’s market value is below the agreed purchase price, affecting approximately 8-10% of

A man and a homeowner in a home appraisal

Five critical factors significantly devalue home appraisals and reduce property market value: poor property condition (visible damage, major system issues), unfavorable location (high-crime areas,

A man doing a home appraisal report

A home appraisal report contains a comprehensive property evaluation using three primary valuation methods: sales comparison approach (comparing 3-4 similar sold properties), cost approach

Home appraisal in real estate market

A home appraisal is essential for real estate transactions because it provides an objective, professional evaluation of property value that protects buyers from overpaying,

Home appraisals are required for mortgage approvals, refinancing, and home equity loans, with homeowners ordering them for nine primary reasons: buying or selling property,

How a Home Appraisal Influences the Selling Price

A home appraisal directly impacts a property’s selling price by providing an unbiased professional valuation that influences negotiations, financing approval, and market confidence. When

Costs of a Home Appraisal in New York State

A home appraisal in New York State costs approximately $625 for single-family homes, though prices vary based on property type, size, and complexity. Traditional

Conducting a Home Appraisal

A home appraisal typically occurs 1-2 weeks after the home inspection is completed. This timeline can vary based on lender processing speed, appraiser availability,

Homeowners Preparing for a Home Appraisal

To prepare for a home appraisal, gather essential documents (property deed, tax bills, improvement receipts), make minor repairs, clean and declutter your home, improve

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