What’s an Appraisal?
An appraisal is an unbiased estimate of what a buyer might expect to pay – or a seller receives – for a parcel of real estate. Most people turn to a licensed, certified, professional appraiser to provide them (both parties) with the most accurate estimate of the true value of their home or property. Buyer and Seller are both informed.
Now that you know the basics - here’s the process:
It all starts with You
Chances are this is a big life decision, and the single largest investment you’ll ever make. Woah - sounds intimidating. But it can be a very exciting and easy experience when you deal with the right people.
Most people involved in the process are very familiar with every scenario. The Realtor is the most common face, then there’s a Mortgage company that provides financial capital to fund your transaction. The Title Company ensures that all the boxes have been checked, and that the “title” is clear from seller to buyer.