Is there undue stress or severe financial problems with the owner?
Other factors that must be considered include: a purchaser might be willing to pay a premium for a property due to local amenities offered and/or being within a desired neighborhood. In short, it is the role of the professional real estate appraiser to distinguish if the specific price that has been agreed upon is reflective within the local marketplace, keeping in mind the true definition of market value. How to prepare for an appraisal as a property owner? The appraiser should have access to all rooms, doors, hatches and closets. The appraiser should able to inspect the major systems of the home, such as the: furnace, electrical panel, hot water heater and other built in components. The exterior of the dwelling must be measured; therefore a clear path around the perimeter of the dwelling would greatly assist the appraiser during the measuring process. Access to current property tax assessment information, plot plan, site survey and list of improvements to the dwelling along with asso
