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Real Estate Tips
About Appraisals >Professional Appraisals

Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

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Real Estate Trivia
Q 
On what famous American street can you find the most expensive retail space for rent anywhere in the world?

A 
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot.
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Lucy & Bill Rudolph, REALTORŪ, real estate agent and broker for Brentwood, Nashville, Williamson County, and Franklin Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Lucy & Bill Rudolph and Lisa Rudolph Turner
Prudential Woodmont Realty

5107 Maryland Way Suite 100
Brentwood, TN. 37027
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Business Office: 615-377-1310
Lucy's Digital: 615-973-3037
Bill's Digital: 615-838-4724
Fax: 615-376-3521
Broker's Office: 615-661-7800
Email: reindeerteam@NUMBER1EXPERT.com

Lucy and Bill Rudolph's team, the "Reindeer Team", are two of America's NUMBER1 Real Estate EXPERTS in Brentwood, Nashville, Franklin and Williamson County. They are well equipped to guide you thorough all your real estate needs. If you are planning to buy, sell, or buy and sell a home, in Middle Tennessee or are thinking about it, give them the opportunity to show you how their services will benefit you. With a combined total of 27 years experience in real estate industry, this team is well seasoned, honed and organized to get your home bought or sold in a very professional manner. Lucy and Bill have lived in Brentwood for 37 years and know the areas they concentrate in very well. They have deep roots there, having reared a family, made lots of friends and know a lot of people. You can count on their being solid, dependable, honest and trustworthy. Call or email them today!!!

CRS Equal Housing GRI MLS REALTOR


  Prudential Woodmont Realty real estate and homes for sale in Brentwood, Nashville, Williamson County, and Franklin Tennessee

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