Purpose of a Real Estate Appraisal

How much is your home worth? A real estate appraisal will tell you.

 In order to obtain a home loan, you will need an appraisal on the property you wish to buy. Your lender will set up the appraisal and the results will help determine how much money the lender will be willing to lend on the property.

The purpose of a real estate appraisal is to determine the estimated market value of a house, condominium, commercial property, vacant land, etc. It is used to assist someone in making a decision. They may be considering purchasing, selling, insuring, or lending money on a house, condo, commercial property, or vacant lot. Appraisals are also used for tax purposes to estimate how much money a property owner has to pay in taxes.

 

 

 

 

Spruce Up Your Front Entrance for Under $100

Wouldn’t it be nice to approach your home’s entrance with a grin instead of a grimace? Use these tips for a clear, safe, and stylish path to your front door.

1. Clear the way for curb appeal. The path to your front door should be at least 3 feet wide so people can walk shoulder-to-shoulder, with an unobstructed view and no stumbling hazards. So get out those loppers and cut back any overhanging branches or encroaching shrubs.
2. Light the route. Landscape lighting makes it easy to Read more