by Michael DeMoya | Oct 28, 2019 | Appraisals
A home appraisal is usually requested by a lender to estimate the market value of your home. That enables them to make sure that the money you borrow is correct and appropriate. When the time comes for you to get an appraisal for your property, it makes sense to use...
by Michael DeMoya | Oct 28, 2019 | Appraisals
If you live in the St. Louis area then you are likely familiar with McKnight Road. While it can be known for traffic jams that essentially lead to the “playground-filled, known for its’ Christmas lights” Tilles Park, you’d be surprised...
by Michael DeMoya | Oct 20, 2019 | Appraisals, Uncategorized
What is price per square foot? If you are looking for a home or have purchased a home you may be familiar with the term “price per square foot.” Many real estate professionals are focused on what a property is sold for on a per square foot basis. When...
by Michael DeMoya | Oct 20, 2019 | Appraisals
Appraisers go through a sequential adjustment process. It is important that adjustment are made in the proper order. First come transactional adjustments, followed by market condition adjustments, location adjustments and finally physical elements of comparison....
by Michael DeMoya | Oct 17, 2019 | Appraisals
What is considered gross living area? There are generally 3 main criteria for what makes interior space count as living area. The space has to be heated, finished and accessible. To begin, the space has to be heated. The heat source has to be a conventional heating...