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June 28
Home Appraisal Basics

By: Joe Hickey

An appraisal is a normal step in the course of a property purchase – for homes and land! In this video blog, GreenStone’s chief appraiser provides a glimpse into the seemingly obscure appraisal process used to provide you that final dollar value!

He helps answer:

  • What is the process used to determine a proper appraised value?
  • Are there options when the appraised value is lower than the purchase price?
  • How does the appraisal process differ when it is for home construction?
  • What resources can a consumer use to do their own research?

From visiting the property to researching equitable comparison properties, listen in as Joe explains some of the basics of his appraisal process!

[youtube]https://www.youtube.com/watch?v=Gwgknns9KSI&feature=youtu.be[/youtube]

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