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Approach to the appraisalprocess. Appraisal specializations. ” Free download: Ready to launch your appraisal career? Find out if an appraisal career is right for you in our free guide. ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser. Background or perspective.
Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisalprocess. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Assessed Value.
Advise your buyer clients based on market knowledge Find out everything you can about the subject property, the neighborhood, the homeowners association and fees, the market trends in the area, propertytaxes, the average days on the market, the list-to-sell price ratio, and other pertinent details that could affect your client’s offer.
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