Real Estate Blog - home appraisal

Your Essential Checklist Before Making an Offer on a Home

Posted by Infinity Admin on October 21st, 2023

Buying a house is like the ultimate scavenger hunt for grown-ups. It's a thrilling adventure filled with excitement, anticipation, and the occasional dose of anxiety. But before you strap in, you'll need a trusty checklist to ensure you don't end up with a haunted house or a money pit. So, grab your magnifying glass, metaphorically speaking, and let's embark on this house-hunting journey.

Define Your Dream Home (and Budget)

Your first step is figuring out what you're looking for in a house. Do you want a cozy condo, a suburban family home, or a trendy loft in the city? Create a checklist of must-haves and nice-to-haves, and don't forget to set a budget. Remember, dreams are free, but homes are not! You don't want to find yourself living on…

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Understanding the Difference Between a Home Appraisal and a Current Market Assessment

Posted by Infinity Admin on September 15th, 2023

In the world of Real estate, understanding property values is crucial whether you're a homeowner looking to sell, a buyer eager to make a smart investment, or a real estate professional guiding clients through the process. Two essential tools that come into play when assessing property values are home appraisals and current market assessments (CMAs). While they may seem similar on the surface, these two approaches have distinct purposes and methodologies, each serving a unique role in the real estate landscape in Canada.

In this blog post, we'll delve into the intricacies of home appraisals and current market assessments, shedding light on their differences, how they are conducted, and why they matter to both buyers and sellers in the real estate…

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The Role of Home Appraisals in Buying and Refinancing

Posted by Infinity Admin on August 26th, 2023

When it comes to real estate transactions, understanding the importance of a home appraisal is a cornerstone for informed decision-making. Whether you're purchasing a new home or refinancing your existing property, a home appraisal plays a pivotal role in ensuring fair value assessment. In this comprehensive guide, we'll demystify the concept of a home appraisal, its mechanics, and the benefits it offers. If you're new to the world of real estate, fret not – we'll break down the differences between a home appraisal and a home inspection, equipping you with the knowledge you need.

What is a Home Appraisal?

A home appraisal is a professional evaluation of a property's value, conducted by a licensed appraiser. Unlike a home inspection that focuses…

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Getting a Home Appraisal? Here’s What You Should Know

Posted by Infinity Admin on September 26th, 2022

Have you ever wondered how much your property’s value has changed since you purchased it? Home appraisals can play a big role. Let’s break down the appraisal process—what it means, when it happens, and other important factors you need to know.

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What is a home appraisal?

An appraisal is an process to determine how much money a property is worth. It sounds simple in theory, but a lot goes into determining the appraised value of a piece of real estate. 

Valid appraisals must be conducted by a licensed appraiser—a third-party professional who’s  unbiased towards the sale. Appraisers are required to hold a license in New Brunswick and Nova Scotia, but other provinces may have different requirements. Typically, they’re ordered by…

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