
26 January 2021 | 4 replies
Ive looked online to see if any comparable homes were up for rent but I haven't found any close by with the same property features.

27 January 2021 | 6 replies
The NWI classification means absolutely nothing from a regulatory perspective and is notoriously spotty in accuracy, but it's a good first hint that there might be something there to look at if it shows a feature.

28 January 2021 | 6 replies
There were more recent sales, which the appraiser used, but these comps were all severely outdated, and lack valuable features our house has.

28 January 2021 | 6 replies
For a 1-4 unit residential property, the appraiser is going to be looking at a number of variables, but the following three are some of the most importantSimilarity of property type to the subject propertySimilarity of property size/features to the subject propertyProximity to the subject propertyAppraisers will generally look for properties that have sold recently that are similar in property type, size/features, and are proximate to the subject property.Let’s say that you are looking at fixing and flipping a 3 bed, 1 bath SFR (single family residence) in a northern suburb of Chicago.The appraiser likely is not looking at duplexes, because the property type is dissimilar.The appraiser likely is not looking at 3 bed, 5 bath SFRs because the property features are dissimilar.Lastly, the appraiser is likely not looking at properties that are several miles away, or in a completely different city than the subject property.The appraiser is most likely going to be looking at 3 bed, 1 bath SFRs that have recently sold near the subject property.You can also consult realtors in your area to get a sense of if your estimate is close or not.Hope this helps,Michael

27 January 2021 | 1 reply
Shiplap walls are featured in all the living/dining area, kitchen, and all 3 bedrooms.

27 January 2021 | 0 replies
Features such as crown molding and shiplap walls were added.

27 January 2021 | 0 replies
Features such as crown molding and shiplap walls were added.

27 January 2021 | 0 replies
Home features fresh paint throughout interior.

27 January 2021 | 0 replies
Home features fresh paint throughout interior.

27 January 2021 | 2 replies
The home has Austin stone features on the exterior and has a yard with a privacy fence.