Real Estate Appraisal Blog

Prices per Square Foot, the Truth for Home Buyers

A real estate appraiser’s perspective:  Buying a house based on the price per square foot is like paying for a car based on its miles per gallon; and yet to this day I see buyers, sellers, mortgage and real estate professionals discussing and using square foot price as a method for comparing homes to try

READ MORE

PMI Removal Appraisals

Have you given any thought to exactly what makes up your monthly mortgage payment?  If you purchased your home with less than 20% down payment, you are paying private mortgage insurance (PMI). PMI is an insurance you agreed to pay to compensate for the higher risk the lender took on your purchase.  With favorable market

READ MORE

Tips Just For Realtors

READ MORE

How to Win a Property Tax Appeal

If you are a Massachusetts property owner and believe you are paying more than your fair share of property taxes you only have a limited amount of time to appeal, depending on your city or town.  Typically the appeal deadline is prior to the date of the first annual payment, although you still have to

READ MORE

Tips Just for Appraisers

READ MORE

Bankruptcy and Appraisals, What You Need to Know

Local attorneys report that most trustees overseeing chapter 7 and 13 bankruptcies will accept a simple broker’s opinion of value (BPO) or even a Zestimate. This means chances are you will not be required to get an actual real estate appraisal which helps keep your overall costs down and expedite the process; however, you should

READ MORE

What is the Actual Square Footage of My House?

Would you believe most people don’t really know how many square feet of living area are in the home they own, are about to list, buy or sell.  Our experience with Greater Boston real estate appraisals continues to prove this truth. ANSI Z-765 (the American National Standard Institute publication) is the go-to method for calculating square

READ MORE
%d bloggers like this: