Remove Appraisal Process Remove Legal Remove Property Taxes
article thumbnail

Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

article thumbnail

FAQ #12: How Will the Appraisal Affect My Property Taxes?

Riverfront Appraisals

Legal Disclaimer stuff: I’m an appraiser. Not a tax attorney. If you need legal advice, don’t come to me. I said […] The post FAQ #12: How Will the Appraisal Affect My Property Taxes? I said […] The post FAQ #12: How Will the Appraisal Affect My Property Taxes?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Must-Have Information Required for a Successful Appraisal

Birmingham Appraisal

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

article thumbnail

26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Beyond these most common scenarios, appraisals have numerous other use cases. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.

Appraisal 145
article thumbnail

How Real Estate Appraisals Empower CPAs: A Short Summary

Boston Appraisal

Taxes and Reporting Taxes are a financial consideration that every business must carefully manage, and CPAs play a crucial role in this regard. When it comes to real estate, the appraisal process significantly impacts how taxes are assessed and reported.

article thumbnail

The Indispensable Role of Real Estate Appraisals in Estate Planning

Boston Appraisal

An accurate appraisal offers that indispensable foundational data, upon which assets can be split in a manner that is both fair and legally defensible. Unlocking Tax Benefits A precise real estate appraisal also plays a significant role in tax planning.

article thumbnail

What Does A Real Estate Appraisal Include?

Birmingham Appraisal

Because so many people have asked me, “What does a real estate appraisal include?” Appraisal Process. The appraisal process consists of the appraiser visiting the property to collect information to help them complete the report. Information contained In The Appraisal Report.