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Why Buyers Choose The Stuart Sinclair Team - Why homebuyers looking for a real estate agent in the Bolton, Caledon and Brampton area choose The Stuart Sinclair Team.
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Go to Main Sitemap - Main sitemap sections include Find Bolton, Caledon and Brampton Homes, For Home Buyers, For Home Sellers, Bolton, Caledon and Brampton Information, Real Estate Resources, and About The Stuart Sinclair Team.

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About Appraisals >Professional Appraisals

Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

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Q	What three things are necessary in order to purchase a home?
A	Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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The Stuart Sinclair Team, REALTOR®, real estate agent and broker for Bolton, Caledon and Brampton, Ontario home listings, property and land for sale - NUMBER1EXPERT

Stuart Sinclair, Sales Representative
RE/MAX West Realty Inc., Brokerage
1 Queensgate Blvd.
Bolton, Ontario L7E 2X7
Office: 905-857-7653
Toll Free: 866-219-7770
Fax: 905-857-7671
Email: ssinclair@trebnet.com
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