Category Archives: Appraisal Blog

Pre Listing Appraisals

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In the real estate industry there is very little talk about home owners getting a pre listing appraisal before attempting to sell their house. Most homeowners know what an appraisal is because they had to have one completed when they purchased the home they live in. What is the appraisal process truly about; it’s aboutIn the real estate industry there is very little talk about home owners getting a pre listing appraisal before attempting to sell their house. Most homeowners know what an appraisal is because they had to have one completed when they purchased the home they live in. What is the appraisal process truly about; it’s about trust. The bank appraisal is ordered not for the buyers benefit but for the


Estate Appraisals

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Date of death valuations (Retrospective Appraisals) Estate appraisals are commonly ordered by the executor of an estate to determine tax liability and dispose of real property under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that statesDate of death valuations (Retrospective Appraisals) Estate appraisals are commonly ordered by the executor of an estate to determine tax liability and dispose of real property under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that states an opinion of what the property was worth on a date some


Divorce Appraisals

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Finalizing a divorce involves many decisions, including “Who gets the house”? There are generally two options regarding the house – it can be sold and the proceeds divided, or one party can “buy out” the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a wellFinalizing a divorce involves many decisions, including “Who gets the house”? There are generally two options regarding the house – it can be sold and the proceeds divided, or one party can “buy out” the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a well supported, professional appraisal that is defensible in court. When you


Bankruptcy Appraisals

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When you file for bankruptcy, you must provide the court with a total financial snapshot of your current income, debt and other obligations. While establishing values for most of these things is relatively easy, determining the current value of your home can be challenging. A bankruptcy appraisal is the best way to prove to theWhen you file for bankruptcy, you must provide the court with a total financial snapshot of your current income, debt and other obligations. While establishing values for most of these things is relatively easy, determining the current value of your home can be challenging. A bankruptcy appraisal is the best way to prove to the court that your value, as written in your bankruptcy documents, is


Appraising Mold Contamination

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Losses due to mold contamination for your property–owning clients may not be limited to the cost of repairs aka cost to cure. Stigmatized properties can take months, even years, to recover from a blighted image. In fact the Uniform Standards of Professional Appraisal Practice (USPAP) states in provision AO9: “The value of an interest inLosses due to mold contamination for your property–owning clients may not be limited to the cost of repairs aka cost to cure. Stigmatized properties can take months, even years, to recover from a blighted image. In fact the Uniform Standards of Professional Appraisal Practice (USPAP) states in provision AO9: “The value of an interest in impacted or contaminated real estate may not be