by Cain Daniel | May 25, 2015 | Mortgage Brokering, Real Estate Appraisal, REMIC Blog
Why A Lender Requires An Appraisal Appraisal Basics A real estate appraisal is a key component in a lender’s decision to lend. There are several purposes for completing a real estate appraisal, including to determine: The cost to rebuild the home in case of...
by Cain Daniel | Feb 16, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, Real Estate Appraisal, REMIC Blog
The Direct Comparison Approach The direct comparison approach in determining the market value of a property is the most appropriate for mortgage financing and is therefore relied heavily upon in the appraisal report. This method uses the principle of...
