Appraisals in a sellers’ market can be troublesome, and transactions can fall apart when appraisals come up short—creating an appraisal gap. An appraisal gap is the difference between market ...

FEMA is changing the way it views flood risk and prices flood insurance. The National Flood Insurance Program’s (NFIP) new rating methodology, Risk Rating 2.0, and FEMA says it will deliver rates that ...

Buyers are looking for ways to strengthen their offer in this competitive seller’s market. One tactic that carries a lot of weight with sellers is waiving your appraisal contingency. But not every ...

With “for sale” inventory limited in many price points, sellers may be able to ask more for their home.But, sellers need to remember that the home will still need to appraise adequately if the buyer is ...

Real Estate Report: CMA vs. AppraisalTo clear up any confusion, there is a definite difference between a Comparative Market Analysis (CMA) and an appraisal. Basically, they are two differentlevels of ...

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal. An appraisal is a valuation of aproperty done by a professional, licensed individual ...