Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home.

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AmeriMac

JUNE 30, 2024

Appraisers work independently and focus on determining fair market value, separate from the buying or selling process. Appraisals are especially important for lenders, as they help reduce the risk of lending more money than the collateral property is worth. Market conditions further affect a property’s value.

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McKissock

OCTOBER 29, 2021

” “Look at [your supervisor’s] previous reports to study the appraisal line by line to understand the analysis of the report to arrive at a final market value.” ” “Residential appraisal is hard (the rules keep changing) and it’s difficult to make a good living that way.

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Birmingham Appraisal

AUGUST 2, 2023

A competent appraiser should possess excellent communication skills, enabling them to explain complex appraisal concepts and methodologies in simple terms. Their valuations are recognized by lenders, government agencies, and other relevant stakeholders, instilling trust in the appraisal process.

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