Homeowners often assume that any renovation increases value, but appraisals focus on how buyers in your market respond to the change, not how much the project costs. Functional obsolescence is one reason a remodel can reduce value, even when the ...
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Top 5 Factors That Influence Your Home’s Appraised Value
When it comes to buying, selling, navigating a divorce, or settling an estate, one of the most important questions you’ll face is: What is this property really worth?
We know that getting a fair and accurate appraisal isn’t just about numbers. ...
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Home Appraisals and Cash Sales: What You Need to Know
When buying or selling a home with cash, skipping the appraisal might seem like a way to save time and money. After all, without a lender involved, who’s requiring it? But even in an all-cash transaction, a professional appraisal offers something ...
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Can an Appraisal Help Your Tax Appeal?
Receiving a property tax assessment that seems too high can be frustrating, but in most cases, appealing it isn’t the best course of action. Often, the assessed value is reasonably accurate, or the potential tax savings may not justify the time and ...
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Dividing the Family Home in Divorce
Divorce is never easy and dividing shared assets, especially the family home, can be one of the most emotionally and financially complicated parts of the process. Whether you're planning to sell the property or transfer ownership to one spouse, ...
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Why You Need a Property Appraisal After Inheriting Real Estate
Inheriting a property can be both a meaningful and complex experience. Whether it’s a family home, rental property, or land, one of the most important steps you should take is getting a professional real estate appraisal. An appraisal provides an ...
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How to Prepare for Your Appraisal
A home appraisal is a critical step in the buying or selling process, as well as in situations like divorce settlements and estate planning. Whether you’re a homeowner looking to sell, a buyer securing a mortgage, or someone navigating legal matters, ...
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Fair Market vs. Appraised Value: What’s the Difference?
When it comes to real estate transactions, whether you’re buying a home, navigating a divorce, or planning an estate, understanding property values is important. Two key terms that come up in this context are "appraised value" and "fair market ...
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