Gross Living Area discrepancies often occur due to differences in how properties are measured and reported. Appraisers play a critical role in addressing these inconsistencies by providing accurate measurements and valuations based on standardized methods. From square footage to the quality of construction, understanding and verifying Gross Living Area (GLA) is essential for fair and […]
The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. Because of the high appeal of owning
Boston Real Estate Market Analysis The Boston Real Estate Market Analysis provides insights into the city’s housing trends, predictions, and key factors shaping 2025. Is the market poised for growth, a downturn, or stability? Whether you’re buying or selling, understanding Boston’s real estate dynamics is essential. What’s going to happen with Boston real estate? In
Understanding the low home appraisal reasons is crucial for homeowners considering refinancing their mortgages. If you’ve jumped on the refinance bandwagon, you might be surprised to learn that your home’s appraisal could come in lower than expected. With interest rates at record lows, many homeowners are eager to take advantage of refinancing opportunities. However, when
Transitional properties hold immense hidden value for real estate investors and appraisers. These properties, often overlooked or undervalued, have the potential to generate substantial returns when their highest and best use is identified. Understanding the core principles behind transitional properties, including legal, physical, and financial feasibility, is key to maximizing their value. Real estate appraisal
Residential appraisal report is a detailed document that offers much more than just a property value. It provides critical insights into your property’s worth, guiding important real estate decisions such as obtaining a mortgage, verifying a purchase price, or planning an estate. Understanding what your residential appraisal report reveals can help you navigate these processes
