Appraiser Checklist: Home and Design: REALTOR® Magazine

Appraiser Checklist: Home and Design: REALTOR® Magazine: "Appraiser Checklist

Help clients understand what to expect during the appraisal process by sharing information on how appraisers reach their property value estimates.
By Barbara Ballinger | April 2009

Here are some of the factors that appraisers Joni L. Herndon of Real Property Analysts/Gulf Coast in Tampa, Fla., and John A. Hillas of Hulbert & Associates Inc. in Modesto, Calif., say they consider when determining value.



* Incentives and concessions. Most of today’s buyers expect to pay the lowest possible price and still get some extras. Sellers and home builders are offering money toward closing costs, remodeling and decorating, upgrades, and association dues. The price set initially may not be the final price once concessions are factored out. Appraisers care about that final number."

info buying and selling homes in san diego and orange county