Quick and easy appraisals for your clients
Change Appraisals provides the highest level of client satisfaction by offering exceptional customer service, outstanding quality control and prompt order completion, all while taking the guesswork out of the mortgage industry’s ever-evolving regulatory climate.
The Appraisal Inspection
It’s the appraiser’s responsibility to ensure certain features actually exist and what condition they are in. The appraiser will look at things like the number of bedrooms and bathrooms and the condition of the roof and foundation, as well as any unique features or upgrades that may contribute to the home’s value.
The appraiser compares local sales and listings to the subject property and weighs factors like neighborhood quality and amenities to determine value.
Appraisers use information such as local building costs, labor rates and other similar factors. However, most appraisals rely heavily on the sales comparison approach.
The appraiser considers the cash flow an income-producing property could generate over the foreseeable future to determine the property’s present current worth.