Entries by YourAppraisalOffice2

Cost vs Value on an Appraisal Report

I had completed the first appraisal six months prior to the second one.  The home owner had not been able to get the loan the first time and was trying again.  The first appraisal came in at $108,000.  The second one was at $112,000.  The home owner was confused and upset because she had just […]

Does the Appraiser Need to Take Pictures of EVERY Room?

Since the “2008 Housing Crisis,” lending institutions and secondary lenders (such as Fannie and Freddie) have tightened their regulations regarding appraisals.  One of the areas that has received attention is that of photos at the subject property.  Where it used to be considered normal to take a picture of the front, street, rear and maybe […]

How much do you think this space is worth?

It is interesting to consider what this much square footage would be valued at in New York compared to Idaho or Wyoming (if you could even find a place like this in Idaho or Wyoming).  Leave a comment below: How much do you think this space is worth?

An Idaho Appraiser in Wyoming?

It is not unusual for an eyebrow to be raised when an office with a 208 area code calls to set up an appointment for an appraisal in Wyoming.  You might be asking yourself why an appraiser must travel all the way from Idaho Falls to do an appraisal in Jackson or Star Valley.  Furthermore, […]

How to Prepare for an Appraisal Inspection

Your home is your sanctuary.  Having a stranger visit your home can be uncomfortable.  Allowing that stranger to walk through the interior of your home is downright intimidating.  At Appraisal Precision and Consulting Group, Inc., we understand your concerns, but being prepared for that inspection can help ease the apprehension.  Most appraisals from a real […]

Why are Appraisals so Expensive?

The loan process can be a long and expensive endeavor.  We are often asked at Appraisal Precision and Consulting Group, Inc. why appraisals are so expensive.  It is a good question.  Let’s explore some of the answers. 3 Reasons Why Real Estate Appraisals Cost What They Do:  1.       The Middle Man In 2010, at the […]

Why do I Need an Appraisal?

Having an appraiser come to your home can be inconvenient.  We at Appraisal Precision and Consulting Group, Inc. understand that.  We try to make it as non-intrusive as possible, but you may be wondering why you have to have an appraisal to begin with. Though there are many reasons for an appraisal, most fit into […]