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REASONS TO GET AN APPRAISAL
Every year, countless people in the United States buy, sell or refinance their own slice of the American Dream. Most, if not all, of these transactions will include an appraisal. It has become an understood and accepted part of a real estate transaction. Most of these transactions will require appraisers to make sure they are not spending too much on the property.
But is this the only reason to get an appraisal? Are there other times when the services of a certified real estate professional might come in handy? You bet!
Beside Mortgage lending transactions, an appraisal can be used any time the value of real estate is needed. Some of these include: Home improvement planning, Purchase of a home, Sale of home, Private mortgage insurance removal, Estate planning, Estate settlements or Appeal a tax assessment.
For more information on these assignments, see the Hawk Appraisals link under “Types of Appraisals” on the left.
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