Las Vegas Realtor Talks About Appraisal

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The real estate industry is a very complex system, and not knowing the terms that are being used in it, you won't be able to appreciate the beauty of the market. One of the most common terms that are being used by people is the so-called appraisal.

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Las Vegas Realtor Talks About Appraisal

  1. 1. LAS VEGAS REALTORTALKS ABOUT APPRAISAL Brought to you by: www.ToddMillerTV.com
  2. 2. LAS VEGAS REALTOR TALKS ABOUT APPRAISALThe real estate industry is a very complexsystem, and not knowing the terms that arebeing used in it, you wont be able toappreciate the beauty of the market.One of the most common terms that are beingused by people is the so-called appraisal. www.ToddMillerTV.com
  3. 3. LAS VEGAS REALTOR TALKS ABOUT APPRAISALIn this article, a Las Vegas realtor will talkabout what an appraisal is and what are thethings that you need to know about it.If you are going to read this article, you will beable to find out what an appraisal really is andwhat most people think it is. www.ToddMillerTV.com
  4. 4. LAS VEGAS REALTOR TALKS ABOUT APPRAISALIf you are going to ask people, most of themwill say that an appraisal is the value of aparticular property.Some will say that it is the amount that youneed to receive or pay in exchange for a realestate property. www.ToddMillerTV.com
  5. 5. LAS VEGAS REALTOR TALKS ABOUT APPRAISALThe truth is that an appraisal is only anestimate of a particular property.It doesnt dictate the real value of theproperty, and it should never affect the priceof the property that you are planning to sell orbuy. www.ToddMillerTV.com
  6. 6. LAS VEGAS REALTOR TALKS ABOUT APPRAISALWhen taking out a loan from the FederalHousing Administration, they will be asking foran appraisal in order to determine whetherthey are over-loaning someone.An appraisal would require someone, who isnot involved in the transaction but isknowledgeable in real estate, to look at theproperty and estimate its value. www.ToddMillerTV.com
  7. 7. LAS VEGAS REALTOR TALKS ABOUT APPRAISALThis means that an appraisal is only beingdone to be sure that a person really needs tohave the amount that he is asking in order toget the house that he needs.There are people who think that is someoneappraised their property, say $100,000, theywont be able to sell it for a much higher price. www.ToddMillerTV.com
  8. 8. LAS VEGAS REALTOR TALKS ABOUT APPRAISALAppraisals dont have anything to do with thevalue of the property, and you can sell it for aprice that you think is suitable for the property.As a Las Vegas realtor, I am aware of whatmy past clients think of appraisals, but it isalso my duty to clear it to them, and let themknow that it is only an estimate. www.ToddMillerTV.com
  9. 9. LAS VEGAS REALTOR TALKS ABOUT APPRAISALSo the next time youll be asked for anappraisal, dont be afraid to have it because itwont affect the value of the property.It is only a way for lenders to be sure that youare taking a loan that is enough for theproperty that you want to buy. www.ToddMillerTV.com
  10. 10. LAS VEGAS REALTOR TALKS ABOUT APPRAISALThis is also a way for them to protectthemselves against fraud transactions andover-lending money to someone who doesntreally need that amount for their property.That is what an appraisal is, and is very farfrom what other people think it is. www.ToddMillerTV.com
  11. 11. LAS VEGAS REALTOR TALKS ABOUT APPRAISALIf you are looking for a reliable Las Vegasrealtor who can help you with your real estateinvestments, then it would be better for you tovisit my website now! I can provide you withall the services that you can expect from aLas Vegas realtor.You can also visit my website now to learnmore about the real estate industry, or if youwant to find out more about what a LasVegas realtor can do for you. www.ToddMillerTV.com
  12. 12. LAS VEGAS REALTORTALKS ABOUT APPRAISAL Brought to you by: www.ToddMillerTV.com

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