Mint Appraisal and Measurement Services

12/25/2022

Happy Holidays!!!

12/24/2022

12/02/2022

Happy Friday!

Real Estate Humor!

11/30/2022

You may be well aware that the housing market is NOT the same in every part of the country, or even every sliver of the local market. Are you curious what is going on with real estate nationwide? Here is the image to give you a better overview. You can check this link to read the explanation of each housing cycle https://www.realestateconsulting.com/the-light-current-housing-cycle-landscape/

Hope this is interesting and helpful! As always, please reach out with any questions you may have, and I will be happy to address it.

11/25/2022

Wishing you and your family a happy Thanksgiving!

11/09/2022

Is Appraiser a deal killer? We, appraisers, hear that often and have to deal with a lot of pressure and negativity from interested parties sometimes. It is important to remember that even though in most cases a buyer pays for an appraisal in mortgage real estate transaction, an appraiser works for the lender! Unless the buyer is paying with cash, the bank needs to ensure that they are not giving too high of a loan for the property. Just because somebody really likes the house and willing to pay $50,000 more, does not mean the bank does. No appraiser is out to make or break deals (it’s actually way more work for an appraiser when the final opinion of value comes below agreed contract price), our goal is to provide an accurate, independent appraisal report that is unbiased as we are not allowed to advocate for any interested party.
https://www.nar.realtor/magazine/real-estate-news/sales-marketing/the-appraisers-role-isnt-to-kill-your-deal?utm_term=F9255EEF-5929-489F-B596-F5ADF6D92FBF&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=12F389ED-482D-4FAD-8EB3-F41E1C94CE52&fbclid=IwAR2NJYHg5o71pOruviPTDi5hVQRsGgapdvx47QrI36d3uDTwnVeC58uZluQ

Appraisers start from a high bar before they can take on their own assignments, but agents can still play a role in helping them determine valuations accurately.

11/06/2022

Here is a great and simple to read article about the appraisal process written by a non appraiser.

https://financebuzz.com/home-appraiser-secrets-2?pid=1692&fbclid=IwAR2ga2Qu4ZV4GJiThdJcbPsY9flDMfXuwtNS21IXRvvQZ5ZCras1z3aPZro

Before an appraiser looks at a property you want to buy or currently own, there are a few things you should know that they won’t tell you.

11/05/2022

This picture helps to explain the state of our real estate market more visually.

11/02/2022

Good news, there are many situations in which the Homeowner may choose the appraiser!
Here are a few examples:

Tax Appeal
Inheritance Taxes
Divorce
PMI Removal
Wealth Management
Exercising due diligence when deciding on a List or Purchase price

Feels good to have options, right?

We are here to help with any questions! Contact us today!

10/31/2022

Have a happy and safe Halloween!

10/27/2022

IMPORTANT: are you a new property owner or a realtor? Please be aware that appraisers are required to provide photos of comparables we use in our appraisal reports. Another Appraiser was chased today, and had a gun pulled on him. Thankfully this had a good ending. Please, if you see someone taking a photo of your home, or another home that has sold within the past year it is most likely an appraiser just doing their job. They are not doing anything illegal by taking a photo of a property from the street or public sidewalk. Realtors, please talk to your buyers clients about the appraisal process, and make them aware that there will be appraisers taking photos of their property for the next 6 months or so. Let’s all be safe!