Appraisal

An appraisal is the opinion of an appraiser, who estimates the value of a home at a specific point in time for the purpose of financing or refinancing a home. Typically, the bank assigns an approved appraiser to do the appraisal. To make sure the appraiser has all the information, you (or your agent) can provide the appraiser with relevant market data that demonstrates the value of the property. Learn more about the appraisal process on this page.

Featured Appraisal Article

Appraisal Report: How to Know When the Housing Market is Recovering

Added June 22, 2009 by Ilyce R. Glink

How can you know when the housing market is recovering? The housing market crisis has to do with supply and demand being out of whack. At the moment (in 2009), there are too many sellers and not enough buyers. Fixing supply and demand is key, but there are many factors that go into supply and demand. The Appraisal Institute recently put out some factors that affect supply and demand and residential real estate. Recognizing these trends will help you understand when the housing market is recovering.

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What Does Title Insurance Cover?

July 28, 2008

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Summary:

What does title insurance cover? Title insurance covers property line disputes, easements, bad appraisals, fraud and forgery. Learn what title insurance covers before you buy it. Find out how title insurance protects you and your property.

Watch Video: What Does Title Insurance Cover?