Real estate appraisal, home appraisal - Campbell & Associates - Why an appraisal?
/Whyanappraisal
Are there other times when the services of a certified, licensed, independent real estate professional might come in handy? If you need to consolidate bills, have a college tuition to pay, or just want to tap into the equity of your home, you'll need a new loan, which oftentimes requires a new appraisal of the property. A divorce can be a particularly traumatic experience for both parties and is often further complicated by the difficult decision of "Who gets the house? If the parties want to sell the ho...
What is an Appraisal? - Campbell & Associates, West Jordan, UT
/AppraisalInfo
Most of the people involved are very familiar. The Realtor is the most common face of the transaction. The mortgage company provides the financial capital necessary to fund the transaction. The title company ensures that all aspects of the transaction are completed and that a clear title passes from the seller to the buyer. So what goes into a real estate appraisal? The cost approach is the easiest to understand. The appraiser uses information on local building costs, labor rates and other factors to...