Frequently Asked Questions by consumers

What is the appraisal process?

April 9April 9 eappraise staff appraisal process, correlation, cost approach, income approach, sales comparison approach

Introduction: Essentially, an appraisal is a conclusion of worth derived by research into the law of probability with specific focus

consumers faq

Does an appraisal include an engineers report or whole house inspection?

April 8April 9 eappraise staff contractor, electrician, engineer, expert, house inspection, plumber

The appraiser is NOT a home inspector, engineer, architect, electrician, plumber, H.V.A.C. technician or contractor. The appraiser briefly walks through

consumers faq

Can I get a copy of an appraisal a lender ordered on my home?

April 9April 9 eappraise staff appraisal report

Under the Equal Credit Opportunity Act, your lender must provide you with a copy of the appraisal report upon your

consumers faq

Can I take a report an appraiser prepared for me to more than one lender?

April 9April 9 eappraise staff appraisal report, portability

Probably NOT. Licensed real estate appraisers are bound by what’s known as the Uniform Standards of Professional Practice (USPAP). Within

consumers faq

How long is an appraisal good for?

April 8April 11 eappraise staff validity period

That depends on the market. There is no hard and fast rule. If someone told you 6 months, they’re wrong.

appraisers consumers faq lender & clients

What are your turnaround times?

April 9April 9 eappraise staff turnaround time

We offer 2 to 3 business days turnaround time from date of inspection and same day turn around from date

consumers faq

What improvements add the most value to my home?

April 9May 16 eappraise staff cost vs value, improvements

Just how much any particular individual improvement might add to your home’s market value, what appraisers typically call the contributory

consumers faq

What’s my house worth?

April 10April 10 eappraise staff appraised value

This question is asked by many homeowners at the conclusion of an appraiser’s physical inspection of the property. There are

consumers faq

Does a higher appraisal increase property taxes?

April 10April 10 eappraise staff appraised value, assessed value, real estate taxes, tax

If my appraisal comes out higher than my tax value, could my property taxes go up? Absolutely not! The appraiser

consumers faq

What is the difference between appraised and assessed value?

April 9April 9 eappraise staff appraised value, assessed value, market value, tax

Appraised value is primarily the market value of the home. Assessed value is the value used for tax purposes.

consumers faq

Why are real estate appraisals necessary?

April 9April 9 eappraise staff Appraisal

Because much private, corporate, and public wealth lies in real estate, the determination of its value is essential to the

I had a fantastic experience working with Desiree! Her professionalism, attention to detail, and expertise in the field were truly impressive. She provided a thorough and accurate appraisal, ensuring I had a clear understanding of the value of my properties. I highly recommend Desiree for anyone in need of appraisal services. I was lucky to have her appraise my 2 properties. Thank you for your outstanding work!

lena saeedi

I needed helping getting appraisals for 4 properties. Desiree did a great job on all 4; she was responsive, professional, honest, and thorough. I reached out to her many months later for additional information and she was still just as responsive and professional. I will definitely reach out to her for any future property appraisals!

J.T. Yaung

Desiree is awesome. She delivered and made time for me within my very tight schedule. She is kind and considerate and will go above and beyond to take care of her clients. Highly recommend her.

Farzana Sultana

Desiree is THE only appraiser that I can trust, when I need serious help with a property appraisal/ valuation. She’s is very knowledgeable, and explains her numbers with perfect and educated reasons. When I have to list a property, consulting with her, and getting her blessings on my listing price is heavenly good!! Will definitely recommend her highly.

Faye Navab

My experience with Desiree was EXCELLENT!! She is very professional, knowledgeable and committed to providing a fair and up to date real estate appraisal. Her communications maybe the best I ever received from a vendor. Needless to say I HIGHLY recommend her appraiser service.

John Morosini

I needed an appraisal really fast and Desiree delivered. She’s extremely thorough, detail oriented and accommodating to your needs. If you need help with an appraisal, you can count on EAppraise to provide quality and timely service.

Hak Lee

Professional appraiser, knowledgeable, highly experienced, timely, I abselutely recommend eAppraise company.

Lily Baybordi

Desiree was simply amazing! We were in a very tight time crunch and she made it happen on her own time. HIGHLY recommend eAppraise Company. Thanks so much, Desiree!

Donna Meyers

I would highly recommend Eappraise to anyone in need of appraisal services. I’m a Realtor with Keller Williams Realty and I could not have asked for better service. I needed a rush appraisal and contacted Desiree. I was very impressed with her responsiveness, her professionalism and her work. She has definitely helped us look very professional and all of my appraisal jobs are going to her.

Maggie Saeed

Knowledgeable and easy to work with. The service, response time and turnaround time provided by this company was exceptional! I am very impressed with them. They come with my high recommendation!

Cyrus Tahernia

Is a Horde of Deadbeat Borrowers Again Walking Among Us? November 4
There are signs of a new horde of deadbeat borrowers, but the foreclosure filings are being delayed and masked by the government itself. Some of the current deadbeat borrowers will learn to expertly work the system… In 2022, a San Ramon, California, couple who hadn’t made a mortgage payment since 2009 was finally evicted. Anita […]
Jeremy Bagott
FHFA’s Appraisal Waivers Expansion October 29
The Federal Housing Finance Agency’s (FHFA) recent push to expand the use of appraisal waivers represents a concerning and potentially disastrous gambit that threatens to undermine the integrity of the housing market and the broader economy as a whole. The recent announcement from the FHFA Deputy Director Naa Awaa Tagoe regarding the expansion of appraisal […]
AppraisersBlogs
The Great Debate on Appraisal Fees October 28
She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee paid by the borrower, which prompted her to stop working with AMCs because of the lack of transparency. The appraisal industry is abuzz with a discussion about appraisal fees. The Consumer Financial Protection Bureau (CFPB) […]
Isaac Peck
Lack of Evidence, Appraiser Challenges Discrimination Claims October 24
The next morning I went to my trusted AI program and asked if there was any evidence of bias. “Where is the evidence?” The issue of perceived bias and discrimination in the appraisal industry has become a highly contentious and polarizing topic in recent years, sparking intense debate and controversy. At the heart of this […]
AppraisersBlogs
NFHA’s False Narrative Undermines the Appraisal Industry October 18
A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false narrative. The latest attack on the appraisal industry is being spearheaded by the National Fair Housing Alliance (NFHA) and the Department of Housing and Urban Development (HUD), who are aggressively pushing a false narrative of […]
AppraisersBlogs
How Deep Fakes Have Burrowed Into Home Finance October 14
Fannie and Freddie have been toiling at the coalface of “synthetic appraisals” – “black box valuations.” In the 1960s, technocrats at the Pentagon used the latest IBM mainframe computers to analyze complex data related to the Vietnam War. Planners fed punch cards into the machines and ran endless simulations, hoping to determine strategies for winning […]
Jeremy Bagott
New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond September 19
Folks, I recently attended a Train the Trainer 1.5 day class about the new UAD/URAR, jointly facilitated by Fannie Mae, Freddie Mac and Aloft. About 20 other instructors from across the US were also present. This class is required before this new UAD material can be taught to other appraisers, under contract with the GSEs. […]
Dave Towne