{"id":2671,"date":"2022-02-03T19:01:32","date_gmt":"2022-02-03T19:01:32","guid":{"rendered":"http:\/\/blog.webuybroward.net\/?p=2671"},"modified":"2022-03-12T11:42:00","modified_gmt":"2022-03-12T11:42:00","slug":"everything-you-need-to-know-about-real-estate-appraisals","status":"publish","type":"post","link":"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/","title":{"rendered":"Everything you need to know about Real Estate Appraisals"},"content":{"rendered":"\n<p>\nIf\nyou&#8217;re on the market to buy a house, it&#8217;s essential to know about\nappraisals and what they entail. An appraisal is a process used by a\nlender to determine the worth of a property. It helps the lender\ndecide if the property is worth the amount requested for the loan. \n<\/p>\n\n\n\n<p>Here\nare some things you need to know about appraisals before buying your\ndream home.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who Performs\nthe Appraisal?<\/strong><\/h2>\n\n\n\n<p>A\ncertified appraiser performs an appraisal. A real estate agent or the\nbuyer&#8217;s lender may recommend an appraiser to complete the house&#8217;s\nappraisal. An appraiser does not work for either party in a\ntransaction but goes through training and certification before being\ntrusted with making an official appraisal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What\nis a Real Estate Appraisal? \n<\/h2>\n\n\n\n<p>Real\nestate appraisals are standard in most home sales and mortgages, as\nthey provide an independent estimate of a property&#8217;s market value.\nReal estate appraisal documentation can also help protect buyers and\nsellers from risks that could lead to litigation. A real estate\nappraisal is a process by which the independent, third-party\nappraiser evaluates your house at the current market value.<\/p>\n\n\n\n<p>If\nyou are buying or selling a home, you may require an appraisal of\nreal estate to represent and defend the purchase price and terms of\nthe sale most accurately. \n<\/p>\n\n\n\n<p>Real\nEstate Appraisal reports can also be used to determine the value of a\nhome before purchasing or selling Real Estate, as well as for estate\nplanning, divorce proceedings, tax assessment appeals, and more. \n<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Process\nof Appraisal \n<\/h2>\n\n\n\n<p>Appraisers\nwill inspect the outside of the home, including the structure and\nfoundation. The appraiser will also comb through public records for\ninformation about the property&#8217;s history, previous sales in the area,\nor other things that may affect value. \n<\/p>\n\n\n\n<p>The process of real estate appraisal is governed by state law and regulation, which explicitly requires an appraisal if any party requests one. Furthermore, For example, if you negotiate a contract with a buyer without first obtaining financing, the buyer may request an appraisal if they want to check your<a href=\"https:\/\/blog.webuybroward.net\/how-much-is-my-house-worth\/\"> property&#8217;s value<\/a>.  <\/p>\n\n\n\n<p>Likewise, if you secure a loan before offering to buy, the lender may order an appraisal to protect its investment once you sign a contract. In some states, it is even possible for a buyer to request three appraisals if they do not believe the first one meets their minimum requirements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re on the market to buy a house, it&#8217;s essential to know about appraisals and what they entail. An appraisal is a process used by a lender to determine the worth of a property. It helps the lender decide if the property is worth the amount requested for the loan. Here are some things &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[44,45,46,42,43],"class_list":["post-2671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-florida","tag-junk-homes","tag-miami","tag-real-estate","tag-real-estate-appraisals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everything you need to know about Real Estate Appraisals - We Buy Broward<\/title>\n<meta name=\"description\" content=\"If you&#039;re on the market to buy a house, it&#039;s essential to know about appraisals and what they entail. An appraisal is a process used by a lender to determine the worth of a property.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everything you need to know about Real Estate Appraisals - We Buy Broward\" \/>\n<meta property=\"og:description\" content=\"If you&#039;re on the market to buy a house, it&#039;s essential to know about appraisals and what they entail. An appraisal is a process used by a lender to determine the worth of a property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\" \/>\n<meta property=\"og:site_name\" content=\"We Buy Broward\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/webuybroward\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-03T19:01:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-12T11:42:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/webuybroward.net\/blog\/wp-content\/uploads\/2022\/02\/We-buy-broward-appraisal.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2121\" \/>\n\t<meta property=\"og:image:height\" content=\"1193\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BrowardWe\" \/>\n<meta name=\"twitter:site\" content=\"@BrowardWe\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/webuybroward.net\/blog\/#\/schema\/person\/a61974d5cd54658b94f53cf6daf753f2\"},\"headline\":\"Everything you need to know about Real Estate Appraisals\",\"datePublished\":\"2022-02-03T19:01:32+00:00\",\"dateModified\":\"2022-03-12T11:42:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\"},\"wordCount\":410,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/webuybroward.net\/blog\/wp-content\/uploads\/2022\/02\/We-buy-broward-appraisal.jpg\",\"keywords\":[\"florida\",\"junk homes\",\"miami\",\"Real Estate\",\"Real estate appraisals\"],\"articleSection\":[\"Information\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\",\"url\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/\",\"name\":\"Everything you need to know about Real Estate Appraisals - We Buy Broward\",\"isPartOf\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/webuybroward.net\/blog\/everything-you-need-to-know-about-real-estate-appraisals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/webuybroward.net\/blog\/wp-content\/uploads\/2022\/02\/We-buy-broward-appraisal.jpg\",\"datePublished\":\"2022-02-03T19:01:32+00:00\",\"dateModified\":\"2022-03-12T11:42:00+00:00\",\"description\":\"If you're on the market to buy a house, it's essential to know about appraisals and what they entail. 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