By Bob Schwartz, CRS, GRI, San Diego real estate
broker
�2007
Broker For You
All rights reserved.
If you don't have a degree in real estate, the processes, investments, terms for
loans, and other parts of real estate in San Diego can be very nerve racking. If
you are looking for definitions and actions behind those definitions or if you
are looking for the right market for your home, getting the right appraisals
will help you.
An appraisal refers to a professional opinion that is made about a property.
Contained in this opinion are several factors that allow for this statement to
be made. Generally, the appraisal will lead to a deduction about what the market
value of the property is. If the market price cannot be easily defined,
different aspects of the property can be examined to determine what the market
price should be. Usually, this is done by an inspector who will evaluate the
various mechanics that may have been kept quiet.
Getting an appraisal is a necessary requirement when one is looking into selling
a home or having the property insured or financed. It may use numerous produced
in order to determine the price value of a home. When getting an appraisal, you
can expect that the estimates will be based around the numerous factors that are
connected to the market at the time. Instead of simply examining the parts of
the property, an appraiser will also take note of the neighborhood and see what
everything else is worth in relation to the property.
By getting an appraisal on a property, you will learn how much the home is
really worth in relation to your own needs and in relation to the community the
home lies in. By considering both the inside and outside of the property, you
will be sure when the timing is right to get involved with your piece of real
estate.
ABOUT THE AUTHOR
Bob Schwartz, is a Certified Residential Specialist, CA licensed real estate
broker with www.Brokerforyou.com. Bob
has over 27 years of residential real estate experience, authored a number of
published articles and served as an expert witness for
San Diego legal firms. You can contact Bob via
e-mail at brokerforyou@gmail.com or visit his highly popular
San Diego real estate website at:
http://www.brokerforyou.com
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