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A woman looks at the laptop screen for the appraisal result

What To Do If Your Apartment’s Appraisal Value Is Lower Than The Contract Price

In New York City’s real estate market, 20-30% of apartment appraisals come in below the contract price, creating a financing gap that buyers must

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Why Do Appraisals Matter For Condo Buyers?

A condo appraisal is a professional property valuation required by mortgage lenders that typically takes 1-2 weeks to complete. Licensed appraisers evaluate key factors

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How Does The Roof Condition Affect Condo Appraisal

How Does The Roof Condition Affect Condo Appraisal?

A condo building’s roof condition directly impacts individual unit appraisal values by 5-15%, making it one of the most significant factors in property valuation.

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Does The Age Of Your Property Affect An Apartment Appraisal

Does The Age Of Your Property Affect An Apartment Appraisal?

An apartment’s age directly impacts its appraisal value through five key factors: historical significance can increase value by 10-25% for well-preserved properties, while outdated

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Home Appraisal concept

Guide To Post-Appraisal Procedures

After a home appraisal, the mortgage underwriting process begins, typically taking 30-45 days until closing. The appraisal results determine whether the transaction proceeds smoothly,

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How Environmental Factors Influence Home Appraisals

How Environmental Factors Influence Home Appraisals

Environmental factors significantly impact real estate values through climate conditions, natural disaster risks, green space availability, and environmental regulations. Properties in areas with favorable

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An appraiser showing the appraised value to clients

Home Appraisal Vs. Home Inspection: What’s the Difference?

A home appraisal determines a property’s monetary value for lending purposes, while a home inspection evaluates the physical condition and structural integrity. Though both

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A home appraiser explaining the process to a couple

Should I Consider A Pre-Listing Appraisal Before Selling My Home?

A pre-listing appraisal is a professional property valuation conducted before listing your home for sale, providing an unbiased assessment to help set an accurate

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An appraising agent checking the house

How Energy Efficiency Can Boost Your Home’s Appraisal Value

Energy-efficient construction enhances property values through reduced utility costs, increased market appeal, and substantial tax incentives. Properties with green building features typically command 5-10%

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