Appraisals
A real estate appraisal helps to establish a property's market value–the likely sales price it would bring if offered in an open and competitive real estate market.
Your lender will require an appraisal when you ask to use a home or other real estate as security for a loan, because it wants to make sure that the property will sell for at least the amount of money it is lending.
Ordering an appraisal is an important step in the home buying process, because the appraiser's report offers a close estimate of a property's true value. Get the facts about the different types of appraisal methods used for real estate transactions.
Additional Services
Automated Valuation Models (AVM)
