Every four years, Davidson County, Nashville, Tennessee conducts a property value reassessment or reappraisal. This means that those of us living and owning in Davidson County are due for reappraisal in April 2017. In case it was unclear by all the crane activity and break-neck sales pace we’ve seen over the past 5 years, Davidson[…]
But Zillow says my house is worth… How many times have I heard this?!? Have you read this article? Fast forward to the image caption: Zillow CEO Spencer Rascoff, shown in his downtown Seattle office, says Zestimates are “a good starting point” but that nationwide Zestimates have a “median error rate” of about 8%. (Ellen[…]
Congratulations! If you’ve gotten this far it means you’ve passed though the review and inspection periods. Now it’s time for the appraisal. What is the appraisal? Make sure you read this article with links to other great articles Who orders the appraisal? Your mortgage lender is the person who orders the appraisal, but will[…]
Here’s a helpful guide to Residential Appraisals If you’re wondering what an appraisal is and when it occurs, you aren’t alone. I get asked these questions all the time. This is the next big checkpoint after we’ve made an offer on a house and had the inspection done. A residential appraisal is a value opinion[…]