Financing and Credit Appraisal
These are, by far, the most common appraisals. These appraisals simplify
and speed up the general lending process for all parties involved. Many of the questions
about a property are answered in these valuations.
Key Benefits - Purchaser 3
- Assurance that the property they are buying is truly worth what they are paying.
- Gain knowledge of the value of their property in its current condition and how
best to improve this property to increase its value and equity.
Key Benefits - Lender
- Accurate market values from which to establish original loans when individuals
are purchasing new homes.
- Accurate market values to utilize to establish equity in a property for home
equity lines of credit or loans.
January 04, 2009