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Appraisals: The facts about Real Estate Appraisals
Who are appraisers really working for even thou the buyer pays them.
Some people are confused about appraisals and often think of them as a home inspection.
This report will go over why appraisals are necessary on home purchases where a loan is
required. The buyer pays upfront for the appraisal which is usually a few hundred dollars.
An appraisor is hired to give their professional opinon concerning the market value
of a specific home. These appraisor must be licensed in the State of California because this
jobe requires specific methods and approaches to determine the current market value. The report will
explain a bit more detail on appraisals.
The listing agent did a comparative market analysis to determine the asking price
of the home. Once an offer has been accepted, then a hired appraisor give a proferrional opinon
of the value. The appraisors value is used by the bank for loan approvals and the buyer and seller may
use the value to renegotiate the price and/or terms. So the apparisors value is an part of the
buying process.
Read the report to learn more about appraisals.
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Search Pinon Hills on our website. When you find something you like, give us a call
with the Listing Number. Cathy Anne is busy with clients, projects,
Pinon Hills Homes for rent, reviews and attending
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760-961-4453
Home Specialist - Realtor® - Agent
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Cathy Anne
Kathie
Tom
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Tom
760 961-4453
760 961-4459
760 617-7278
760 961-4459
760 617-7278
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15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01188249
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Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Pinon Hills site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Pinon Hills Homes
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Pinon Hills site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Pinon Hills Homes