0
The property description significantly affects an appraisal by providing essential details about the property's features, condition, location, and amenities, which are critical for determining its market value. A well-detailed description can highlight unique selling points, such as recent renovations or proximity to desirable amenities, potentially increasing the appraised value. Conversely, vague or negative descriptions may raise concerns about the property's condition or desirability, leading to a lower appraisal. Ultimately, an accurate and compelling property description helps appraisers make more informed assessments.
What else can I help you with?
How much does a good property appraisal cost?
A professionally conducted property appraisal often varies in cost by geographic region. However, in most areas of the United States you would expect to pay about $400.
In real estate what is the principle of progression?
According to the Appraisal Institute's Dictionary of Real Estate Appraisal (5th edition), progression in appraisal is the "concept that the value of an inferior property is enhanced by its association with better properties of the same type." An example would be a smaller home is a neighborhood of larger homes.
What value would an in ground swimming pool add to my property?
There is no set amount that a pool adds to property, it depends on several factors about your home. Contact a local realtor or appraisal for a good estimate.
I looked the title deed to my house and I noticed the address is incorrect. How can I correct this mistake since I purchased the house seven years ago?
If the deed description of the property is correct then it's not a problem if only the address is recited incorrectly. The deed description is what identifies the property that is being conveyed. If the property address is the only description of the property then you have a problem. You would need to obtain a corrective deed.
Can a notary sign a legal description lake county in the county of section if the doc is for cook?
A legal description typically describes the location of the property, so it would say what county the property is in. The location of the property has nothing to do with the notarization. If you are performing a notarization, the venue (state/county info) would reflect the county that you are in, performing the notarization. So if you are in Cook, then you would indicate that in your notarization.
What kind of services does Citrus County property appraiser offer?
Citrus County property appraiser offer assessment, appraisal and exemptions. Citrus County is located in the state of Florida. The appraiser would assist in obtaining property ownership information.
How can an appraisal help the value of commercial real estate?
An appraisal would help determine the correct and most accurate value of a property. Ensuring that no revenue is lost, and the correct price bracket is used depending on location, condition and previous prices.
How can I buy out my sister's share of our joint property?
To buy out your sister's share of the joint property, you would need to negotiate a fair price with her and then pay her that amount to acquire full ownership of the property. This process may involve legal agreements and possibly a property appraisal to determine the value of her share.
Our neighbor has encroached on our property and we would like to know how to price an easement to them?
you would need to get an appraisal on the piece or portion of land the subdivision has encroached upon any licensed appraisor can help you with this situation.
What does active CNT misc mean?
It means the seller has agreed to sell the property to a buyer but there are contingencies. Typically those would be inspections, financing commitment, appraisal and survey.
How do you change the legal description of your property?
Changing the legal description of a condominium unit would usually be required if an owner purchased an adjacent unit and chose to remodel the units so that this condominium unit is now larger than any of the original individual units.In most condominium communities, alterations of the boundaries can affect your voting rights, your assessment amounts and so forth, because your percentage of ownership changes.In order to change the legal description of a condominium unit, you can start with the governing documents, which specify the boundaries of the unit.Then, depending on what you find in your governing documents, you may need to petition the board for approval to change these boundaries.Your board or managing agent can help you understand the process for changing the legal description of a condominium unit in your community.
Can the PLS system used in Alabama could also be used to locate a piece of property in Georgia?
Property located to the nearest quarter section in a PLS legal description would have an accuracy of
