Acting Into Appraisals in San Diego
By Bob Schwartz, CRS,
GRI ©2005
www.brokerforyou.com 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 overwhelming. If
you are looking for definitions and actions behind those
definitions or if you are looking for the best 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. Most importantly, the appraisal will lead to a
conclusion about what the market value of the property
is. If the market price cannot be easily defined,
different characteristics of the property can be looked
at to determine what the market price should be.
Usually, this is done by an inspector who will look at
the various mechanics that may have been kept quiet.
Getting an appraisal is a necessary obligation when one
is looking into selling a home or having the property
insured or financed. It may use various made 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 different factors that are linked to
the market at the time. Instead of simply checking the
parts of the property, an appraiser will also consider
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 requirements and in relation to the community the
home lies in. By considering both the inside and outside
of the property, you will know 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 lawyers.
You can contact Bob via e-mail at bob@brokerforyou.com
or visit his highly popular
San Diego real estate website
at:
http://www.brokerforyou.com
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