Blog

Thinking of Building an Addition?

Thinking of Building an Addition?

By on Feb 11, 2014

Your family is growing. You decide it’s time to build an addition on to your existing home. Before you build, get an appraisal. Ask the appraiser if it’s a good idea to add onto your home or is it time to move to a bigger home. When your home was originally built, it conformed to the neighborhood. It likely was not under built in size. The majority of...

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What is the process you go through to do an appraisal?

What is the process you go through to do an appraisal?

By on Jun 2, 2013

An appraiser is contacted by a lender or other client, and is given an assignment to estimate the value of a home. We utilize historical housing sale data, known as “comparables” or simply “comps”, to help us determine the current value.  At Time Saving, we try and stay within 3 months to get the most accurate current picture, but are allowed...

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Value is set by the market, not appraisers

Value is set by the market, not appraisers

By on Jun 2, 2013

A recent article on CNN Money, Home Appraisals No Longer Derailing Sales, has our heads spinning. Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more deals to go through. During the housing bust, sales were often derailed by low-ball appraisals that fell far shy of a home’s...

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Who does the appraiser work for?

Who does the appraiser work for?

By on May 31, 2013

This question comes up all too often. The client is clearly defined on the appraisal order, and that appraisal is the property of the client only, regardless of who pays for it. On an appraisal for a mortgage or refinancing, the appraiser’s client is the lender, not the borrower or seller. Even though the borrower or seller may be responsible for the cost of the...

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New Website!

New Website!

By on May 30, 2013

Welcome to the new website! After nearly several years with the old website, we decided it is finally time to update. When we started in the 80s, we set out to bring our clients a fast, accurate appraisal using cutting-edge technology. Back then, we had “advanced” computers running specialized database software programs to digitize and store our records....

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