Appraisal Information

Making Informed Property Decisions Easier

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Understanding the Role of Each Party

Purchasing a home is often the most significant financial decision many of us will make, whether it’s a family residence, a second vacation home, or one of several rental properties. This complex transaction involves multiple parties each playing a crucial role.

Real Estate Agent

The most recognizable figure, guiding you through the buying or selling process.

Mortgage Company

Provides the necessary financial backing.

Title Company

Ensures that the transaction is completed properly and the title cleanly transfers from seller to buyer.

What Are the Components of an Appraisal?

Inspecting the Subject Property

At Avaluo Appraisal Group, our initial step is a thorough inspection to verify the property’s condition and features such as bedrooms, bathrooms, living areas, and any noteworthy attributes or defects that would influence its value. This often includes drafting a floorplan to document the layout and confirm square footage.

Arriving at a Value Conclusion

Combining data from all applicable methods, we formulate an estimated market value. While this figure is a strong indicator of a property’s worth, actual sale prices can differ due to various factors such as seller motivation or market conditions.