Top Houston Appraisal Company Near You. Local Appraisers, Accurate Valuations

What is highest & best use in an appraisal? "Highest & best use" is commonly the utilization for a house that results in the highest value. For a "highest & best use" to be acceptable it must be lawfully allowed, physically possible, and adequately supported when all legal and probable alternativ...

Do appraisers measure my home? The appraiser is usually required to verify the square footage and gross building area of all buildings on the property. Measurements are taken from the outside using ANSI directions though the appraiser will likely need to complete inside measurements for multi-lev...

What if a home appraises for more than the sales contract? A bank’s Loan-to-Value (LTV) is determined by the LESSOR of the sales price or the appraisal value. It would only affect your loan if the value came in below your sales amount because now your loan amounts would need to be re-worked. At l...

Why do house appraisals cost so much? Real estate appraisers are extensively regulated and are expected to keep up licenses, insurance, access to data sources and professional education, all of which come with costs. Appraising real estate is considered very skilled employment that is hard to do ...

What is highest & best use in an appraisal? "Highest & best use" is commonly the utilization for a house that results in the highest value. For a "highest & best use" to be acceptable it must be lawfully allowed, physically possible, and adequately supported when all legal and probable alternativ...

Do appraisers measure my home? The appraiser is usually required to verify the square footage and gross building area of all buildings on the property. Measurements are taken from the outside using ANSI directions though the appraiser will likely need to complete inside measurements for multi-lev...

What if a home appraises for more than the sales contract? A bank’s Loan-to-Value (LTV) is determined by the LESSOR of the sales price or the appraisal value. It would only affect your loan if the value came in below your sales amount because now your loan amounts would need to be re-worked. At l...

Why do house appraisals cost so much? Real estate appraisers are extensively regulated and are expected to keep up licenses, insurance, access to data sources and professional education, all of which come with costs. Appraising real estate is considered very skilled employment that is hard to do ...

Are the gp forms similar to the Fannie Mae 1004 report? A general purpose form removed much of the financial institution related data, while necessary for government regulated lending practices, but can commonly be inessential for a private individual use. Each primarily rely on a direct comparis...