I am a Licensed / Certified Residential Real Estate Appraiser qualified to appraise any Mira Mesa, CA house or condominium of any value or complexity. I have more than 15 years of experience and have a pristine record when under scrutiny in the courts defending my work as a designated expert. My specialties include Mira Mesa appraisals for:
First, it is important to understand what the goal is for mortgage appraisals:
To achieve these goals, the mortgage appraisals need to meet underwriting standards designed to make the loans desirable to investors. These standards are provided to the appraiser when the appraisal is ordered. While market value matters, meeting the underwriting standards matters much more. Accuracy isn't nearly as important either because there is only a specific threshold value that needs to be passed for the loan to be approved. The result is appraisals that are not well analyzed and that result in appraised values that may protect investors and enable the loan, but which may not be market value. Many, if not most, appraisers tend to adhere to common mortgage lending underwriting standards, even when not appraising for mortgages.