Where does an appraiser get their information to compare the value?
An appraiser gets information from a variety of sources, including the Realtors Multiple Listing Service, tax assessors’ records, courthouse records, private interviews (if information cannot be found publicly), other appraisers, and personal knowledge of the area. That’s why appraisers live and work in your community so they know what’s going on in the local real estate market.What’s the difference between an appraisal and a home inspection?An appraiser walks through a home to measure the home and get the number of rooms and the general condition of the home. An appraiser does NOT guarantee the condition of the home.A home inspector is a trained engineer, architect, electrician, plumber or contractor who inspects the home to determine if the mechanical parts are working and the structure of the home is sound. An appraiser may mention “potential” problems, but you should rely on the expertise of a home inspector instead.What does an appraiser look for?An appraiser looks for the followi
