Frequently Asked Questions
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SRA stands for Senior Residential Appraiser. It's a prestigious designation awarded by the Appraisal Institute, a professional organization for real estate appraisers.
What does it mean?
Specialized Expertise: SRA appraisers have a deep understanding of residential property valuation, including single-family homes, condos, and townhouses.
Advanced Education: They've completed rigorous coursework and examinations to demonstrate their knowledge and skills.
Higher Standards: SRA appraisers adhere to strict ethical codes and professional standards, ensuring the accuracy and reliability of their valuations.
Why is it important?
Quality Assurance: The SRA designation signifies a higher level of expertise and professionalism, giving clients confidence in the accuracy of their appraisals.
Networking: SRA members have access to a network of experienced appraisers, providing valuable resources and support.
In essence, the SRA designation is a mark of distinction that sets appraisers apart, indicating their commitment to excellence in residential property valuation.
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At High-Noon, all valuations are conducted by a seasoned SRA-certified professional, guaranteeing reliable and credible results.
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You may need a residential appraisal for several reasons, including:
Primary and Secondary Mortgages
Property Tax Appeal
Litigation
Divorce Settlements
Estate Planning
PMI Removal
Relocation
REO/Foreclosure
Home Equity
Appraisal Reviews
And more!
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Market value is the price a property is likely to sell for in an open market. Assessed value is the value assigned to a property for tax purposes.
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Cost and turn-around time can vary due to location and complexity. Contact us for a free quote!
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Homeowners
Attorneys
Accountants
Banks
Investors
Mortgage Companies
Title Companies