Residential Appraiser

A residential appraiser is a trained professional who assesses the value of a home or property. They examine factors like the property's condition, size, location, and recent sales of similar homes to determine an accurate market value. This appraisal helps lenders decide how much money they should lend for a mortgage and assures buyers and sellers of a fair price. Residential appraisers follow strict industry standards and methods to provide objective, unbiased valuations that support real estate transactions.