Real Estate Appraisals Explained: Real Estate Appraisals 101

Real Estate Appraisals Explained: Real Estate Appraisals 101

Date/Time
Date(s) - 20/03/2019
6:30 pm - 8:30 pm

Location
Curran's Irish Inn

Categories


Diversified Investors Group/HAPCO – Riverwards Sub Group

Date: March 20th, 2019

Time: 6:30PM-8:30PM

Location: Curran’s Irish Inn, 6900 State Rd, Philadelphia, PA 19135 (2nd Floor)

Guest Speaker: Keith McGregor, McGregor Appraisals LLC

Discussion: Real Estate Appraisals Explained: Real Estate Appraisals 101

When it comes time to buying a new investment property, the appraisal can make or break a deal. If the property appraises too low, your financing might fall through. In other cases, this might approve the loan but require new contingencies, such as a higher down payment—putting you on the spot to fill the gap.

What is a real estate appraisal?

When would you need an appraisal?

Who conducts an appraisal?

Understanding Real Estate Appraisals: Keith will discuss the three different approaches that appraisers use to determine a property’s value and what type of properties do they apply

•             The Sales Comparison Approach

•             The Cost Approach

•             The Income Capitalization Approach

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