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Appraisal Issues: points to consider ...


We will offer a lot of commentary on Appraisal. The founders of this site are appraisers. Some critical thoughts about appraisers:

- See how many years of experience an appraiser has.

- Get referrals

- Ask questions, many questions. Do not just take the appraisers word for it.

- Ask the appraiser if he/she knows the local market. The single greatest influence of value is location.

- Without local knowledge an appraiser can estimate the value of the property and be off by as much as 50% in certain cases. Test the appraiser.

- Ask the appraiser what variables affect value in the local market.

More to follow in the days ahead....

Using statistics doesn't have to be reserved for PhDs. We take the complexity out of the math and define industry terms in plain language. Valuation reports are developed using algorithms designed by experts with over 50 years of combined real estate experience. ......

Based on our belief in providing the user with as many services as possible, the Tip of the Week section offers insight into financing, valuation and the acquisition/sale of real property. Select Tip of the Week to connect to our list of topics covering valuation techniques, mortgages, property appraisals .....

We are dedicated to providing the user of this site the ability to communicate with your peers regarding property valuation, mortgage financing, property assessments and statistical reports. Our top priority is to educate the public in real estate valuation and data factors so that the terms and techniques in real estate valuation are easily understood ........