Ask a Real Estate Appraiser - Blog

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...

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...

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...

In an economic landscape marked by inflated mortgage rates, elevated home prices, and a limited housing supply, many small businesses feel the pressure, including real estate. However, some real estate businesses, like For What It’s Worth Appraisals (FWIWA), have survived and continue to thrive...

Here we grow again! We would like to introduce our newest employee, Chase Wright, who just joined our team on August 5 as an apprentice appraiser. Get to know him some more with some questions he’s answered! Q: What made you want to get...

Word is that the United States Federal Reserve is predicted to cut home loan interest rates at the end of September 2024, when the Federal Open Market Committee (FOMC) meeting is scheduled. This is good news for homebuyers, right? Let’s take a closer look....