An appraisal of a home actually involves determining the
market value of the home. The market value of a home is arrived at by finding
out the price at which similar homes are being sold in the same locality, with specific
focus on similar houses that have been sold in the same area most recently. The
amenities and other value additions done on the house will be taken into
consideration during the appraisal of a home. It is the appraisal that helps
the lender determine the value of the house, and depending on this value, he
finalizes the amount that should be loaned to the buyer for the purchase of the
property.
A house inspection is done generally for the structural
issues of a house. Some common factors that a house is specifically inspected
for are its roofing and its plumbing and electrical systems including its
septic system. Pest control measures taken on a property adds to the value of
the house.
While a low appraisal is favorable for the buyer, the
seller always hopes to get the highest possible appraisal on his property. A
good appraiser does maximum justice to the buyer, seller, lender and the
property itself that is undergoing appraisal. At Liberty One AMC, we employ
highly skilled and professional appraisers who are impartial and dispassionate
in their appraisals. This, in turn, has resulted in gaining us a vast portfolio
of long-term, happy clients in the residential real estate appraisal industry.
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www.liberty1amc.com
Matt Moore Appraiser, Nationwide amc / matt moore, Maverick amc / matt moore, Newtown amc / matt moore
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