What’s in a Commercial Appraisal Fee?

When you order a commercial appraisal, you are paying for the appraiser’s time and expertise. A typical commercial appraisal could take anywhere from 30 to 60 hours – this often varies based on the type of report that is needed. For example,  a seven-unit apartment...

Residential Appraisals Basics

A home purchase is the largest, single investment most people will ever make. Whether it’s a primary residence, a second vacation home or an investment, the purchase of real property is a complex financial transaction that requires multiple parties to pull it...

Real Estate Appraisal FAQs

What does “appraisal” really mean? Basically, an appraiser performs an estimation that produces an opinion of value. This opinion or estimate is arrived at through a formal process that commonly utilizes three “common approaches to value”. The cost...

Appraiser Jargon

Have you heard an appraiser use any of these terms? Did you just hear one of our appraisers use it and you came here to figure out what it meant? We don’t mean to speak a foreign language, but any profession has its jargon. What res ipsa loquitur is to a lawyer...