Interview with an Appraiser: Market Value Isn't Just What a Buyer Is Willing to Pay (Part 1)

There's been a lot of tension between you and appraisers over the past two years. Home prices skyrocketed at an unprecedented pace, and appraisers have struggled to find comparable sales that justify what your buyers and sellers have agreed to. Making matters worse, there's always been a bit of mystery surrounding how appraisers do their job. This week on The Walkthrough™, Jamie Owen, a veteran appraiser in Cleveland, helps us take the mystery out of appraisals. He'll walk us step-by-step through the appraisal process, talk about how appraisers make price adjustments, and much more. This is part one of a two-part series.

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