appraisal
How to do Your Own Foreclosure Appraisal …
How to do Your Own foreclosure Appraisal to Determine the Market Value of a foreclosure property There’s a lot of buzz about foreclosure auctions, free government foreclosure listings and buying and selling them for profit. However before submitting an offer on every foreclosure – you need a foreclosure appraisal. Out of 100 properties that I [...]
How to Remove PMI Insurance
PMI Insurance (private mortgage insurance) is a cost added to the payment of many conventional loans. PMI insurance protects lenders against the costs of foreclosure. Mortgage insurance provides what the equity of a higher down payment would provide to cover a home lender’s losses in the event of foreclosure. The Homeowners Protection Act of 1998 establishes rules [...]
Difference Between a Home Inspection and an Appraisal
A Home Inspection A home inspection is not used to determine property value, but will provide an assessment of the physical condition of a property. A well-trained home inspector will perform a comprehensive visual inspection to determine the condition of the building and all of its major systems (for example the roof, structural, heating, plumbing [...]
Doing Your Own Real Estate Appraisal
I interned for a real estate appraiser prior to investing in real estate. Angry homeowners who were unhappy with the amount that their property had appraised for would call us everyday. It didn’t take me very long to realize that most of these people, besides having an overstated value for their home, also had no [...]
Why You Need a Real Estate Appraisal
You may have welcomed a real estate appraiser into your home and forked over a significant amount of cash for your property to be appraised… …but do you really know what a real estate appraisal is? There are many reasons why you might need a real estate appraisal. A recent real estate appraisal may be [...]
