A real estate appraiser is a professional who assesses the value of properties, providing unbiased opinions on their worth.

Residential property appraisals involve an appraisal expert evaluating the value of residential properties based on various factors such as size, condition, location, and comparable sales.

PMI (Private Mortgage Insurance) is a type of insurance required by lenders when the borrower has a down payment of less than 20% on a conventional mortgage. A PMI company provides insurance coverage to protect the lender in case of borrower default.

A real estate appraisal company provides services such as residential and commercial property appraisals, home measurements, tax assessments, and appraisals for divorce or estate purposes.

PMI removal typically requires reaching a loan-to-value (LTV) ratio of 80% or lower. You can request PMI removal from your lender once you have sufficient equity in your home.

A tax appraisal determines the value of a property for tax assessment purposes. It helps local authorities calculate property taxes based on the property’s assessed value.

An appraisal for divorce purposes helps determine the fair market value of marital property, such as real estate assets, to facilitate the equitable division of assets during divorce proceedings.

Residential appraisals aim to provide an accurate estimate of a property’s value based on professional assessment, market analysis, and comparable sales. However, appraisals are subjective opinions and can have a margin of error.

Various factors can influence the value of a residential property, including location, size, condition, amenities, recent sales of comparable properties, and prevailing market conditions.

A home appraisal service involves an appraiser visiting a property to assess its value. The appraiser examines the property’s features, condition, and compares it to similar properties in the area to provide an unbiased appraisal report.

The duration of a residential appraisal process depends on several factors, such as the property’s size, complexity, availability of data, and the appraiser’s workload. Generally, it can take anywhere from a few days to a few weeks.

Yes, real estate appraisers are often involved in estate appraisals. They determine the fair market value of properties to assist with estate planning, tax purposes, or the distribution of assets after a person’s passing.

You can reach our real estate appraisal company by calling (330) 397-3823. Our team will be happy to assist you with any questions or appraisal-related inquiries.

A home measurement service involves an appraiser measuring the dimensions of a property’s rooms, including square footage calculations. This information is important for accurate property valuation and marketing purposes.