Ask Your Appraiser: What is a drive-by appraisal?

drive by appraisals This is a topic that many people are looking for. bluevelvetrestaurant.com is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, bluevelvetrestaurant.com would like to introduce to you Ask Your Appraiser: What is a drive-by appraisal?. Following along are instructions in the video below:

“So i was asked what is a drive by and what does it consist of of so drive by appraisals are done for bankruptcy purposes for divorces and also for and different types of other reasons such as if you re trying to buy a home. But you don t have access to the inside of it. But you want to know what the value of it is you would contact an appraisal like myself. And you would find and we would be able to help you to find out what the actual value is so on this particular property.

What we re going to do is i m going to shoot a couple photos of the exterior of the home so. And i use a tablet to do that so i m going to shoot the front left of the home. Then i m going to shoot photo down the street. Okay and then we re going to move forward.

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And we re going to shoot the other side of the home after that and actually funny thing. We re going to be a stopped by the police over here hi yes. I m gonna praise her. Yeah all right and many times that ll happen so so with that we re going to go on to the next photo.

Which is going to be on the other side of the home. And it s always entertaining me. It s not by the policeman wonder why you driving around slowly so once we shoot right here we re gonna shoot the other side of the hole then i m going to shoot a picture of the right here. The sign picture on the street sign to show with street um.

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One in addition to that we re going to get the back side. And we re gonna get the mail box of the home as well. So people side here and then we re going to shoot a picture of the mailbox. I m going to zoom in on that so i got that and then as we roll forward.

I m going to get more of the pic more of a picture from since we re on the corner anyway. I m able to shoot the back of the house as we move forward that s it so that is a drive by appraisal with this data. We ll take it back to the office and we ll be able to look at comparable sales will find out what s going on historically on the home and then we ll be able to able to possibly look at interior photos. And if we don t get the interior photos of the home.

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We could also contact the client and ask them what exactly is going on the home if they know if not we just consider it as average and then we figure out value based on this size home with public records. Telling us what size. It is and then we ll also use the data from the client and we ll figure out what exactly the value is so that s your drive by appraisal and that again is typically used if you re trying to buy a home. But you don t have access to the interior or you re going through a divorce.

Bankruptcy and you don t have access to the home or post bankruptcy. As well where the home has been foreclosed on but you want to find out if it s for clothes for the right amount because you will be paying the balance of your foreclosure or your yes your foreclosure. So if they sell at home for 150 thousand dollars. But yet you feel that it was worth two hundred thousand dollars.

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Then you can if you find out that that is the case you won t actually have to pay that because they didn t sell it for market value. If it s a divorce. You don t have access to the property you would find out what the value is based on exterior and then also we would take the information. We base that information that you would provide to us as the person that does not have access to the home anymore.

So again. If you have any questions you can reach me at praises by ” ..

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