Chicagoland Appraisal Blog

FEBRUARY 28, 2018

An issue such as water pressure may seem small, but it is a dramatically negative impact on the appraisal value of a property. The best course of action would be to adress any and all repairs to a home prior to an inspection. Do you want to know what is happening in your market? Did I leave anything out?

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Appraisal Tips Appraisal Property Appraisal Inspection 78

Birmingham Appraisal

MARCH 4, 2025

The lender’s valuation may aid them in the underwriting of the loan but it may not accurately reflect the market value of the home. AVMs rely on historical sales data and algorithms, but they dont physically inspect the home, evaluate its condition, or consider market variations like an appraiser does.

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Appraisal Valuation Home Value Market Value 63

Birmingham Appraisal

AUGUST 8, 2023

A pre-listing appraisal can mitigate these worries. With that being said, an appraisal is not a home inspection, and if there are concerns about the condition of the property a home inspector should be consulted. They may have concerns about overpaying or doubts about the property’s condition.

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Appraisal Buyers Real Estate Investing 84