Kevin Slemko offers tips on remote appraisals

Remote appraisals: How to prepare

Virtual home inspections are safer (and sometimes easier). From time to time, whether because a property is in a remote location or due to time constraints, real estate appraisals are conducted remotely. Ideally, of course, an appraiser is able to make a physical inspection of a property, but when that's not possible, how do you handle it? Video calls are a good first step While some appraisers and financial services companies allow homeowners to provide their own photos of the…...
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What appraisers bring to the table
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What is the role of the appraiser in home valuations?

Where data, experience and insight meet In previous posts, we've talked about how appraisers use data and comparable sales in order to arrive at a valuation for properties. For residential properties, comparable sales tend to offer a good starting point: If four similar properties on the street have sold in the past few months, they provide a good indication of what your home is worth. But sometimes, you'll see two homes in the same neighbourhood that seem, on the surface,…...
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