Premier Mortgage Loan Application

Appraisals

  • APPRAISAL BASICS (1294 downloads)
    An appraisal of real estate is the valuation of the rights of ownership. The appraiser must define the rights he intends to appraise.
  • APPRAISAL METHODS (704 downloads)
    An appraisal is an opinion of value or the act or process of estimating value. This opinion or estimate is derived by using three common approaches, all derived from the market. They are:
  • APPRAISAL NEEDED TO OBTAIN LOAN (712 downloads)
    Usually, individuals applying for a loan are only interested in obtaining the loan and unfortunately are not worried about the prudence of buying the property at the agreed price. In fact, many purchasers will try to encourage appraisers
  • HELPING THE APPRAISER (698 downloads)
    Once you have selected an appraiser, be prepared to answer questions and provide requested information.
  • HOME’S MARKET VALUE (687 downloads)
    In the real world, very few individuals order appraisal reports to establish an offering price or to substantiate a purchase price. At the point that an offer to purchase (in a typical residential transaction) is made, the price has been set by other
  • REASONS FOR AN APPRAISAL (691 downloads)
    There are many reasons to obtain an appraisal. The most common reason is for Real Estate and Mortgage Transactions, but we have compiled a list of other reasons you may need to order an appraisal: