Joining Joe in studio today is licensed appraiser John Montgomery of Montgomery Appraisal to talk about what he knows best. Contrary to popular belief appraising is more an art form than a formula. Before you sell, buy or refinance your home the bank or lender is going to require an appraisal, which is where John comes in. Joe will start off by asking John for a quick 101 on home appraising while finding out about the 3 C’s of appraising and what happens when John arrives to appraise a home. Also in discussion:
- What consumers should disclose before a refinance appraisal
- How do you assign value to a home?
- Challenging properties to assess
- What to do with non-permitted additions
- Challenges in a market that is constantly changing
- What affects long term value?
- What constitutes the cost of appraisal?
- When consumers disagree with the assessor
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
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