When considering home improvements there are two important rules to bear in mind. The first is that cost does not equal value and the second is that real estate markets are micro in nature. What may be expected or accepted in one neighborhood may not work in another. Part of owning a […]
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 […]
