Home Appraisers
Home appraisers are professionals who assess the value of residential properties. They evaluate various factors, including the home's condition, location, and recent sales of similar properties in the area. Their assessments are crucial for buyers, sellers, and lenders to ensure fair pricing and financing.
The appraisal process typically involves a thorough inspection of the property, where appraisers take measurements and note features. After gathering data, they compile a report that includes their findings and a final valuation. This report is often required by banks and mortgage companies during the home buying process to determine loan amounts.