Articles
What Appraisers Are Looking For
The home appraisal process can be a stressful time, whether you're buying or selling a property. It's the job of the appraiser to find the fair market value of the home. If their findings don't match the buyer's offer, there can be delays in the transaction. But if you know what appraisers look for, you might be able to prevent your house sale from running into problems.
Can Real Estate Help You Hedge Against Inflation?
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2022 has been seeing the cost of goods and services skyrocketing left and right. In fact, inflation is currently at its highest since 1982. Inflation is typically measured by comparing the current prices of goods and services to those before using the Consumer Price Index (CPI), and it appears that this inflation trend will continue for the time being.
How Can Two Appraisers Value the Same Property Differently?
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One of the most frustrating things for consumers, agents, and even appraisers involved in a real estate transaction is seeing disparate results in two or more appraisals of a property. Dig beneath the surface and you’ll often find good reasons for the differences. Here are factors to consider as you try to understand the two different opinions of value.