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Real estate appraiser visiting residential house

Top 5 Red Flags Appraisers Look For When Visiting Your Home

Appraisers identify five critical red flags that can significantly lower your home’s value: foundation and structural damage, outdated mechanical systems (HVAC, plumbing, electrical), deferred

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A person conducting a home appraisal

What Is The Process Of An Appraisal?

A home appraisal is a professional property valuation that determines your home’s fair market worth. Licensed appraisers conduct these evaluations to protect both buyers

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An image that portrays a lower price

Do Sellers Usually Lower Their Price After An Appraisal?

Yes, sellers frequently reduce prices when appraisals come in low, especially in balanced or buyer’s markets. However, their response depends on several key factors

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A man paying money

Why Do You Have To Pay For A Home Appraisal Upfront?

You must pay for a home appraisal upfront because it’s an independent service required before mortgage approval. Lenders need this unbiased property valuation to

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Couple discussing how home appraisals work

How Does A Home Appraisal Work?

Understanding property valuations is crucial for anyone involved in buying, selling, or refinancing real estate in today’s market. Professional assessments provide objective estimates of

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Appraiser explaining the validity of commercial appraisal

How Long Is A Commercial Appraisal Valid?

Commercial property appraisals generally remain valid for a specific timeframe, but this period varies based on market conditions. Most financial institutions accept assessments that

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Appraiser analyzing property value

Appraiser Vs Realtor: Key Differences In Home Value

Appraisers provide independent, regulated property valuations for lenders using standardized methods, while real estate agents analyze comparable sales to support their clients’ pricing goals,

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Real estate appraiser evaluating residential property

5 Appraisal Problems That Can Affect Your Mortgage Approval

Property appraisals can make or break your mortgage approval in New York City’s competitive real estate market. When buying a home, the appraisal process

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Commercial property appraisal agent inspecting a building exterior.

What Is A Commercial Property Appraisal?

A commercial property appraisal is a professional valuation that determines the market value of income-generating real estate properties including office buildings, retail spaces, multifamily

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