Appraising a multi-family property is usually more complicated than appraising a single-family home.  Two-, three-, or four-unit buildings are sometimes subject to confusion when it comes to arranging a loan for purchase or refinancing.  Generally, appraisers use the 'market value' approach when appraising these properties, but also must consider the 'income' approach. The purpose of an apprais...
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By in Residential

The process of estimating the value of your home can be done by a real estate appraisal or a marketing analysis. They both have similarities, but also important differences, especially in their application. The heart of a market analysis is the appraisal market approach. At Hudson View, our Expert appraisers will research similar homes in your neighborhood that have recently sold and similar homes...
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By in Real Estate Property