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What is an appraisal?

By Steve Miller

What is an Appraisal? A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie fair market value, condemnation value, quick sale value, and so on.

If you are like most homeowners, your home is your biggest asset.   You want to be confident that the money you’ve put into your home offers the best possible return for you and your family and that your investment is well protected.   The best way to know the true value of your home is to hire a qualified appraiser with local experience in your neighborhood.  When you engage the services of a State Licensed Appraiser,  you’ll benefit by their hands on expertise, knowledge of your market area and commitment to strict ethics and standards.  Certified Appraiser Network utilized top credential California State Licensed Appraisers who are among the best trained and skilled appraisers in the real estate industry.  That is critical when dealing with your home, your biggest asset.

Here are some of the reasons for utilizing Certified Appraiser Network and its expert staff of  State Licensed Appraisers:

Buying or selling your home

  • Home improvements
  • Refinances
  • Cash Out Loans
  • Investment property
  • Job relocation
  • Tax issues
  • Private mortgage insurance

For over 20 years, Certified Appraiser Network has specialized in appraisal services for homeowners, mortgage brokers, banks, credit unions for all of the above reasons and more.  With Certified Appraiser Network we will get the job done right the first time!

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