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Property Appraiser questions, answered by experts

Yes, experienced appraisers handle a variety of property types with tailored methods.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Property condition, comparables, market trends, and location influence appraisal.

While a single shelf here and there doesn’t add value to your home, a built-in bookcase can increase your home’s value under the right circumstances. Not every built-in bookcase works in your favor here—those built from high-quality materials tend to provide a better ROI. If you’re looking for your bookcase to work for your home’s value, consider having a professional build it with luxury hardwood.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The Junction City, KS homeowners’ guide to property appraisals

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