An appraiser, such as St. Johns Appraisals LLC in St. Johns, FL, is a skilled and licensed professional who offers a fair and unbiased assessment of the value of real estate. In addition to legal problems like divorce and estate planning, they are essential in various real estate transactions, such as purchasing, selling, refinancing, and mortgage underwriting.
Some of the common reasons you’ll want to get an appraiser include:
Ethics are fundamental in the appraisal profession as they are expected to have a high standard of professionalism. Some of the ethics appraisers uphold include the following:
An adjustment is a modification to the value of a comparable property when comparing to the subject property (your property).
An inspection is an interior and exterior examination of the property to identify relevant property characteristics.
A comparable sale is a recently sold home in your area that’s similar to your home in location, size, condition, features and design.
A simplified appraisal where only an exterior inspection is performed.
This is the monetary relationship between properties and those who buy, sell or use those properties, expressed as an opinion of the worth of a property at a given time.
These are defects within your property that can affect the market value and are not easily identified.
A subject is a property that’s being appraised.
Features that can render the property you have less desirable or unsellable.
Have more questions? Click here to visit our Frequently Asked Questions page.
BROWSE OUR WEBSITE
BUSINESS HOURS