-
Appraisal Waivers versus Traditional Appraisals
Appraisal Waivers vs. Traditional Appraisals: Key Differences A property appraisal is typically part of the process when buying, refinancing, or securing a loan. Traditionally, this means hiring a licensed appraiser to assess the home’s value. However, appraisal waivers are becoming an alternative, allowing some lenders to skip the in-person inspection. Let’s break down the differences…
-
November Blog: Are Solar Panels a Smart Investment in South Carolina?
Are Solar Panels a Smart Investment in South Carolina? As solar energy continues to grow in popularity, many South Carolinians are weighing the pros and cons of investing in solar panels. While the state offers seemingly favorable conditions for solar adoption, the decision isn’t straightforward. Is going solar in South Carolina truly a smart investment?…
-
Insurable Values: Meaning, Overview, and Importance.
Insurable Values: Meaning, Overview, and Importance Insurable Value represents the estimated cost required to reconstruct or replace a property, excluding land, in case of potential damage or destruction. According to the Colorado Appraisal Consultants definition, an insurable value is based on “the cost of total replacement of destructible improvements to a property.” The word “improvements”…