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Pre-Listing Pre-Purchase or FSBO Appraisal. Whether you’re a homeowner selling your property on your own or a seasoned realtor trying to establish a fair list price it’s often difficult to sift through all of the market data to determine a true value for your home....
Tax Assessment Appeal Appraisal. The best way to win an assessment appeal hearing is with a certified appraisal.
Estate or Probate Appraisal. When an estate has a transfer of ownership due to death or inheritance, it is very common for a real estate appraisal to be needed for tax purposes....
Divorce Appraisals. One or both parties should hire the services of a professional real estate appraiser to estimate the fair market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court....
Zillow vs Certified Appraisal. Let us first start out by explaining what is Zillow? Zillow is what is known as an AVM an Automated Valuation Module. Locally in Pittsburgh, Allegheny County and next, the surrounding Counties, we are all too well familiar with an AVM although we don’t know it. This is the same type of computer program that has and is creating each and every properties’ assessed value and we all know how that is turning out. (more…)
There are four kinds of appraisers in Pennsylvania
Pennsylvania Certified General — These appraisers have met their education and experience prerequisites and passed the general certification exam. They can now appraise virtually all types of property: residential, commercial, both federally related and non-federally related. Pennsylvania Certified General Appraisers work primarily on commercial appraisals which include rental units of 5 or more in a building.
Pennsylvania Certified Residential — These appraisers have also met their education and experience requirements, passed their exam and can appraise all categories of residential property, federally and non-federally related. Pennsylvania Certified Residential Appraisers work primarily on residential appraisals which include single family homes and rental units of 4 or less in a building. (more…)
Well, we will start with the easy part. What is the difference between a Row House and a Town House? In a word, nothing. A town house or town home and a row house or row home are the same. The names are only STYLES or DESIGNS of a type of residential dwelling. Both town and row are (more…)
Some of the most common Pittsburgh FHA appraisal repairs many homeowners are not aware of nor that these common Pittsburgh FHA appraisal repair items will be needed to be addressed with an FHA appraisal for an FHA loan.
The FHA has three main concerns, for FHA appraisers, they are called the three S’s. The three S’s are Safety, Soundness and Security. A property must meet these three main criteria to qualify for a FHA loan. The most common repair items (more…)
Everyone seems to have heard of carbon monoxide, but not many people seem to know much about it other than hearing about it in a tragic accident on the news. This is a colorless and odorless gas that is produced whenever a fuel source is burned. These fuel sources can consist of many different things including natural gas, kerosene, oil, wood, charcoal and even paint thinner.
The problem is that carbon monoxide cannot be detected without the use of a monitoring device; carbon monoxide if not detected can very easily cause death. Not to mention even smaller amounts can still cause carbon monoxide poisoning, which can lead to serious health issues from lethargy and amnesia to psychosis and even Parkinson’s disease. Considering the (more…)
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