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Buying a Home with Cash?
One question we hear is, “If I have the cash, and I don’t need a lender to give me a loan, why would I spend the money for an appraisal?”.
The short answer is: to get an independent opinion of the value of the home. Because you’re making a BIG decision and extra information to inform that decision is a good thing. Because after the inspection (by a licensed home inspector, to determine the condition of the property), you might want to re-negotiate the contract terms (before your option period runs out).

What to Expect When Closing On A Home
Closing on a house is an exciting moment for every future homeowner.
At the same time, it can be an overwhelming and confusing experience, particularly for those who have never purchased a home before. Therefore, if you are planning to purchase a home, it is in your best interest to learn as much about the closing process before you reach this big step

Waterfront Property: How is Value Determined
At the most basic level, the value of property, including waterfront property, is the price the market will bear. If you are considering purchasing (or selling) waterfront property, you need to read this article.
When neither the buyer nor the seller are distressed (facing foreclosure or other undue financial pressure), and the property has received normal market exposure, the price they agree on should be a reasonable reflection of Fair Market Value of the property.

A HOUSE APPRAISAL: FIND THE VALUE OF A HOME
How do people find the value of a home? Meaning, what a home (usually their home) is worth?
Of the most common ways to find the value of a home, a formal house appraisal is the most accurate.
If you REALLY want to know what a property is worth, you need to know why most (cheap and easy) ways to find a home value aren’t accurate. If the value you find for a property isn’t right, then what good is that?

MEASURING A HOUSE, WHAT COUNTS?
Not all of the space under your roof counts as living space from an appraiser’s perspective. Some spaces don’t count towards the measured square footage of a home.
You should always have a local, qualifed professional determine answer your appraisal-related questions for any specifc property. Do not make decisions about real estate based on the information in this article or on this website.