Examining Your Home Appraisal
Appraisers look at a plethora of factors in order to come up with a fair market price for your home. Like an inspector, he or she will take account of your house inside and out. An inspector will also acknowledge the selling prices of comparable properties in your neighborhood before setting a value.
The number the appraiser comes up will contain a breakdown of how he or she determined the property value. It will spell out how current market trends impact the final number. It will also consist of a market analysis that substantiates that amount.