Home Appraiser Real Estate Appraisal – Services

Home Appraisals Real Estate Appraiser

Need a licensed Cape Cod home appraiser to get a real estate appraisal done or get a house appraised? Receive quotes from nearby home appraisers and real estate appraisal services. We will get the most effective real estate appraisal companies to handle your real estate and home appraisal needs.

Having a real estate appraisal done? Read the following to make sure your home appraiser is properly licensed to appraise your property.

According to the State of MA licensing authority, there are three types of  home appraisal or real estate appraiser licenses in MA.

Licensed Real Estate Appraiser

State-licensed real estate appraisers may appraise:

1. non-complex one-to-four unit residential properties having a transaction value of less than $1,000,000 and complex one-to-four unit residential properties having a transaction value of less than $250,000;

2. vacant or unimproved land that is to be utilized for one-to-four unit residential properties, and where the highest and best use is for one-to-four unit residential purposes; and

3. properties as specified by the Federal Financial Institutions Regulatory Agencies (FFIRAS).

Certified Residential Real Estate Appraiser

State-certified residential real estate appraisers may appraise:

1. residential properties with one-to-four units and complex one-to-four unit residential property both without regard to transaction value;

2. vacant or unimproved land that is to be utilized for one-to-four unit residential use and where the highest and best use is for one-to-four family unit residential purposes; and

3. properties as specified by the FFIRAS.

Note: Both State-licensed Real Estate Appraisers and State-certified Residential Real Estate Appraisers may not appraise subdivisions wherein a development analysis/appraisal is necessary and utilized.

Certified General Real Estate Appraiser

State-certified General Real Estate Appraisers may appraise all types of real estate property.

Make sure the appraiser you hire has the appropriate MA license credentials to legally appraise your home or property.

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Posted by CCHI on Sep 20 2010. Filed under Appraisers, Real Estate. Tagged as Appraisal, home appraisal, home appraiser, real estate appraisal, real estate appraiser. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry