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 9, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Real estate property appraisals for mortgage financing A mortgage lender is interested in knowing what the market will pay for a property under normal circumstances. A real estate appraiser will produce a document called an appraisal that calculates the market...