Tag Archives: appraisal

Appraisal and Title Search is Requested by Lender

How Does The Appraiser Determine the Value of the Home? The appraiser determines the value of the home based on three different approaches—the Sales Comparison Approach, The Cost Approach, and the Income Approach. When an appraiser is appraising residential homes, he will generally give the Sales Comparison Approach and the Cost Approach the most weight. […]

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Appraisal and Title Search is Completed

The appraised value of the home must meet or exceed the purchase price of the home and the seller must present a clear and marketable title.

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