Ace Appraisals Blog and information

New Ammendment.

https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0901.pdf

With recurring requests on information about the level of repair or completion of repairs in your home necessary to fulfill and FHA appraisal, I thought I would offer this as a basic starting point.

HANDBOOK 4150.2

Appendix D: Valuation Protocol  

In most cases your largest asset is your home.

When you are thinking of your net worth or what cusion you may have for emergency, why take a chance with a guess? Most people like to think in their minds that they have more equity than they really do. This is dangerous when it comes to proper planning.

Getting a true up to date appraisal will give you the answer you need to feel secure about your planning or backup strategy.

Right now ACE Appraisals is offering discounted appraisals! Contacting us costs nothing and may inform you better. So give us a call or email us.

As most of us know the real estate market is currently in an interesting motion. While it may actually be stable in a local economy, some people only see what is happening on a national level. This can cause concern if someone with a bit of equity gets scared and sells below market value, triggering the same response throughout a neighborhood.

This is a good time to look at your local market and if you have any concerns it is wise to get a professional appraisal before you do anything else. This can help you takes the appropriate steps necessary to roll with the times.

Like most things of importance (and your home is more than likely the most important asset you have) take your time and get educated with the help of a professional. The cost to benefit ratio is well worth it.