Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho July 18, 2024

How Appraisals Impact the Sale Price of Your Property

When you're selling your home, one crucial step in the process is the home appraisal. This evaluation plays a significant role in determining the sale price of your property. Here’s a guide to understanding home appraisals and their impact on your home sale: What is a Home Appraisal? A home appraisal is an unbiased estimate of the fair market value of your property conducted by a certified appraiser. Lenders require appraisals to ensure that the property's value is sufficient to secure the … [Read more...]

Filed Under: Real Estate Tagged With: Home Appraisal, Property Sale, Real Estate Tips

Bob Ramalho July 18, 2023

What is a Home Appraisal?

A home appraisal is an assessment of the value of a residential property conducted by a licensed appraiser. The purpose of a home appraisal is to provide an unbiased and objective estimate of the property's worth based on factors such as its location, size, condition, and comparable sales in the area. During a home appraisal, the appraiser will typically conduct a physical inspection of the property, taking note of its features, condition, and any upgrades or improvements that have been made. … [Read more...]

Filed Under: Real Estate Tagged With: Appraisal, Home Appraisal, Real Estate

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