Equity is calculated by subtracting your mortgage balance from your appraised value. To calculate your equity then, you have to know what your current balance of your mortgage is, and what your … [Read more...]
The House You Are Selling or Buying is UNIQUE, errrrrrrrrrrrrt!
In the recent 4-6 months, I have been in numerous transactions where my clients/buyers were buying a home and appraisal circumstances arose. I use the word circumstances because I don't want to use a … [Read more...]
Appraising a Home In a New Build Subdivision
"Right off the bat" I'm going to say I'm NOT an appraiser, but have a little bit of bones to pick. Talking to a new client today, I heard some unsatisfactory news. My new client is trying to refinance … [Read more...]
