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Professional Opinions, Trusted Values
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FAQs...
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Professional
opinions on real property valuation are provided on:
Feasibility studies and consulting services
Future value of property being developed
Mortgage security purposes
Property tax assessments
Capital gains and income tax purposes
Estate and litigation matters
Compensation due to expropriation situations.
Current value of a property being bought or sold
» More on what we do...
» Find an Appraiser...
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The cornerstone
of appraisal is knowledge.
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While many people may think of real estate appraisers only in terms of estimating
property value for mortgage purposes, professional appraisers provide a wide range
of services.
The cornerstone of appraisal is knowledge, and designated members of the BC Association
Appraisal Institute of Canada will put their years of knowledge and training to
work for you. Continuing professional development is mandatory for all members,
this ensures that they remain up-to-date on current market trends and legal changes
that may affect real estate values.
Members of the BC Association Appraisal Institute of Canada offer an informed valuation so that you can be assured of the worth of your investment.
Having a complete understanding of real estate value is a critical consideration for making a right decision. Be assured of reliable real estate appraisals by using a designated member of the Appraisal Institute of Canada.
According to CMHC Automated Valuation Models such as CMHC's 'emili' which most
banks now use, improve the speed, efficiency and cost effectiveness of the loan
application process. They (AVM's) are a risk assessment tool and do not provide
an appraisal.
Most consumers aren't aware that a bank may be lending them money without ever
having done an independent appraisal of the asset. The assumption among most home
buyers is that a bank wouldn't approve a mortgage if the house wasn't worth the
buying price...
Most consumers aren't aware that a bank may be lending
them money without ever having done an independent appraisal of the asset.
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That's all the more reason for you to hire someone who'll give you the professional
insight you need to make an informed decision. An appraisal by a designated member
of the Appraisal Institute of Canada offers an unbiased, informed opinion of the
market value of the property you are interested in.
Knowledge is your greatest bargaining tool when buying a home. You want to be sure you pay a fair price, get a good mortgage rate and receive assurance that the house you get is worth what you pay.
The cost of an appraisal is relatively small in relation to the overall cost of investing in the property.
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