Tag: Real Estate Appraisals

How to Prepare for an FHA Inspection

A person puts a new window into place in their home

As someone looking to buy or sell a home, you may have come across the phrase “FHA inspection.” If you’re not familiar with what it entails or how to prepare for it, you’re not alone. But an FHA inspection is a critical step in the process of obtaining an FHA loan, which is a critical… Read more »

What Factors Affect Commercial Real Estate Appraisal?

The interior of an office building with a "for sale" sign

If you’re involved in the sale or purchase of a commercial property, the amount of money you stand to spend or make will be at least partially determined by an appraisal. This appraisal involves a third-party professional inspecting the property and considering a number of factors to determine a fair value. This number will not… Read more »

Factors That Affect Your Home’s Appraisal

A man holds a magnifying glass over a model of a home

An appraisal is something that every homeowner will have to deal with at some point or another. Unlike the appraisal number you got when you purchased the home, you do have some modicum of control over it as the owner. Still, a home appraisal is the unbiased opinion of an expert so there will be… Read more »

How Interest Rates Have Led to a Decline in Home Sales

A for sale sign sits in front of a home

Even if you’ve only occasionally paid attention to the news in recent years, you’ve likely heard a lot about both interest rate hikes and the cost of real estate. These two stories are actually quite intertwined. Interest rates have had a major impact on the cost of housing, which obviously affects home sales. Here’s how… Read more »

Reasons to Have Your Property Appraised

A small wooden model of a home and three small blocks spelling out the words Real Estate Appraisal

If you own a home, business, piece of land, or any other form of real estate, chances are you have heard of an appraisal before. If you’re not familiar, it’s an impartial and independent measure of a property’s current value. These appraisals are completed by a third party that possesses an expertise in either commercial… Read more »

Benefits of Using a Drone for Real Estate Inspections

A drone shot of a wedding venue

Technology rapidly changes how jobs in nearly every field are done and the world of real estate appraisals and inspections is no different. While aerial shots would’ve always been a welcome addition to the process, there was not always an affordable mechanism to make that happen. In recent years, companies have begun using drones to… Read more »