Posts Tagged ‘appraisal’

The difference between an Appraisal & an Assessment

Photo by farlaneMost of the State Laws in the US requires that all your properties in your municipality are to be assessed at a uniform percentage of market value annually.  The value of a home is assessed by the local tax assessor available within each city or town. The assessment of all taxable properties should [...]

Posted by joelm on November 13th, 2009 under Insurance Tags: , ,  •  No Comments

Getting a Home Appraisal Before You Buy Ensures Proper Pricing

Whether buying in Colorado, Montana, Virginia, or anywhere else — Most lenders will require that you get a home appraisal as part of your closing procedure and it can dictate how much the loan value will be. If you are applying for a loan with 10% down, it will mean that the lender will only [...]

Posted by joelm on October 25th, 2009 under Buyer Tips, Mortgage Loans Tags: , ,  •  No Comments