Q: How far back can an appraiser go for comparable sales when doing an appraisal on a house and how many sales does the appraiser have to include? A: A minimum of three closed comparable sales must be ...

When two appraisals used to establish the value of properties vary significantly, the city of Houston uses the one with “more accurate comparable properties” in establishing its price per square foot.

Written by Anne-Marie Sheridan, as originally published in The Reverse Review. When an appraisal comes in below the majority of adjusted comparables, how does the appraiser determine the value? Should ...

Appraised values are key in underwriting a mortgage loan and CoreLogic says one of the challenges is to make sure the information an appraisal provides is valid. Appraisers are supposed to use current ...

Recently I refinanced the mortgage on my home. I shopped among many lenders and finally narrowed the choice to two. Each sent out an independent fee appraiser to evaluate my house. Using the same ...

Home purchases can be complicated by an appraisal below the buyer’s contract price offer. For the sale to go through, the buyer typically must renegotiate the purchase price, put more cash down, or ...

Last week we outlined how home appraisers gather and measure the qualities of a house based on its neighborhood, site, and home improvements. Now we will try to explain how they use visual impressions ...

Whether you’re considering refinancing, taking out a home equity loan, or curious what your home may be worth, waiting weeks for an appraisal can feel painfully slow. That’s where automated valuation ...

What is an automated valuation model home appraisal? Whether you’re considering refinancing, taking out a home equity loan, or curious what your home may be worth, waiting weeks for an appraisal can ...