Common Appraisal Questions

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What Happens During a Home Appraisal?

A home appraisal is an unbiased opinion of a property’s market value, completed by a licensed appraiser. The process involves an inspection of the property along with an analysis of recent sales and current market conditions. Property Inspection The first step is an on-site inspection of the home. During the inspection, the appraiser measures the

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What is an appraisal?

A real estate appraisal is the process of developing an independent, unbiased opinion of a property’s market value. A licensed appraiser evaluates the property’s physical characteristics, location, condition, and features, and compares it to recent sales of similar properties in the same market area. The goal is to determine what a typical buyer would reasonably

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