Time is money, and this rings especially true when you or your business are relocating to a new area. And unfortunately, just because your time is short, doesn’t mean a relocation appraisal is any simpler than your average lending/mortgage appraisal.
On the contrary, when you put your old home or place of business on the market, you’re interested not in the current fair market value of the home, but its anticipated sales price. To determine this figure, we survey and analyze recently closed sales, competing listings in the area, and pending sales, from which we can forecast a probable sale price. All relocation appraisals are reported on the standard ERC Residential Appraisal Report form, the industry’s accepted relocation appraisal format.