Appraisers Hold the Key to Your Dream Home
On this episode of Secrets of Homebuilders Terry Pope of Citywide Real Estate Services talks with Pat Cardoni about the thought process and homework that appraisers need to put in to develop their opinion of value.
You may or may not know it, but the appraiser that you work with holds the results of your custom homebuilding or remodeling dreams in the palm of their hands. They could care less if you have spent countless hours dreaming about the home or working with your architect or even in down payment money. The bottom line is their job and role in your custom home building transaction is to develop an unbiased opinion of value. Often their opinion may seem conservative, and it may not be what you like, but that is because you are letting your emotions get to you. Don’t be that guy!