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If you are a property owner, you may be used to having a lending institution order an appraisal of your home. However, you may also want to consider having your property appraised independently. An appraisal is defined as an inspection that gives an estimate of a property’s value. A mortgage lender requires that an appraisal be made to confirm the value of a house used for collateral, so an appraisal must be undertaken in order to issue a loan.
Real Estate Appraisers. REQUIREMENTS. Active appraiser license, preferably certified, a computer, appraisal software, MLS, E&O insurance, dependable vehicle, camera, smart phone, a background check (by us) because the one your state requires every year is just not good enough and good communication skills (see smart phone requirement). JOB DESCRIPTION.
When it comes to either buying or selling a home, getting an appraisal is one of the most crucial steps in the whole process. In order for the bank loan to go through, the appraisal information needs to be timely and accurate. For this reason, it is important that you have a reliable service for commercial appraisal in Vancouver that you can count on.
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