So how does the VA
appraiser calculate the value of your desired property?
With appraisal, a certified
appraiser calculates the value of your home based on construction quality, design, floor plan, neighborhood, and available public facilities at a given time.
Not exact matches
Mortgage lenders — as well as buyers and sellers — typically rely on professional property
appraisers to
calculate market
value, but there are ways to determine home
value on your own.
Your home
appraiser will
calculate the
value of your home by conducting an in - person walk - through of the home to record its square footage, the number of bedrooms and baths and condition — comparing it to county records and recent sales of similar properties in comparable neighborhoods.
For instance, you could hire an independent
appraiser to
calculate a
value for your used motorcycle and then present this figure to your insurance company.
Weaver said that homeowners boost their chances of a successful appeal when they can prove that
appraisers compared their homes to the wrong properties when
calculating a home's appraised
value.
If an on - site appraisal is needed, your lender will arrange for a certified
appraiser to come to your home and
calculate its
value.
There are many considerations that come into play when choosing how to
calculate the
value solar power adds to a home, including what methods
appraisers use to
calculate that
value.
Mortgage lenders — as well as buyers and sellers — typically rely on professional property
appraisers to
calculate market
value, but there are ways to determine home
value on your own.