Originally Posted at The Real Estate Appraisal Group Blog Safety, Security & Soundness For a Federal Housing Administration (FHA) loan to be approved, a home has to meet more qualifications and standards than your average conventional loan. The roof can’t leak, the wires can’t show, the floors can’t creek, the paint can’t […]
Do You Know The Qualifications of an Appraiser? Have Confidence in the Professional, The Appraiser
Originally posted at DW Slater Blog on October 12, 2015 If you are like me you want to know the qualifications of the person that is about to provide a service for you whether it is your electrician, doctor, dentist, etc. It is my intent to provide you with some information in regards […]
Low Appraisal vs. Bad Appraisal
In the arena of home valuation, the term “Low Appraisal” is perceived as a synonym for a “Bad Appraisal”. Yet these two terms are unrelated. An appraisal with a value that is lower than what was anticipated by the home owner or one that is below a purchase contract price does not mean it […]