An appraise might call that a "desk appraisal", since its just based on readily available information and not an actual examination of the property.

When you examine the mechanical systems, see how old they are (check the tag with the serial numbers on it or check for an inspection sticker), and that should give you an idea of whether they will still be working properly.

He has a ton of liquid cash, and all the experience in the business end, plus he is a broker as well.I look and examine all the sherrif sale houses.

Good Evening fellow BP members,I am scheduled to take my NY State RE exam in the next couple of weeks.

A title plant or an insured closing agent isn't the best place for financial advice, they will send money anywhere they are instructed, they aren't on the hook for what goes on outside of closing.......except during a routine examination some examiner may see it.

(2) If the lienholder becomes the purchaser of the property and noclaim for the amount secured by the lien on the property has beenfiled, allowed, or approved, the court may at the hearing on thepetition for confirmation of the sale examine into the validity andenforceability of the lien and the amount secured by the lien, andthe court may authorize the personal representative to accept thereceipt of the lienholder for the amount secured by the lien aspayment pro tanto

So you can examine the area, house particulars, and sale price, and get some reasonable general comps for the property.

Applying for Your License There are no prelicense education, prelicense examination, or continuing education requirements for a limited broker's license, but you must apply for a business entity license (as an individual proprietor or some other type of business entity) and pay the associated fee.

There is such a limited number of what I consider to be "true" appraisers, who examine their market on a daily basis, poring through market data and cultivating the relationships with the deal makers.

I would give you a more thorough examination, but prices swing quite widely in VC, can you confirm where it's located?