Overview of the home appraisal process

Appraisals 101: A handy graphic

You don't have to be an expert, but you should know the basics. I know what it's like: Whether you're buying or selling your home, especially in the current overheated market, the last thing you have time (or interest) for is a deep dive into real estate appraisals. At the same time, as a vendor or purchaser of property, especially if it's your first one or it involves the fairly large sums of money typical of real estate in southern…...
Read More
Alternate uses for real estate appraisals in ONtario

5 other reasons to get a professional real estate appraisal

(Outside of a sale or purchase) Anyone who's ever bought a piece of property - especially a residential home - involving a mortgage is probably familiar with the appraisal requirement: Very few banks or mortgage financing companies will lend money for home purchase without ensuring that a professional appraisal has been done. They need to know that their investment is reasonable and protected. However, there are several other situations in which appraisals make sense - and can spare you from…...
Read More