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Real Estate and Mortgage Institute of Canada Inc.
Toronto:
2175 Sheppard Ave E, Suite 307
Mississauga: 1065 Canadian Pl, Suite 203
t: 1-877-447-3642     e: support@remic.ca

Tag Archives: appraiser

Why A Lender Requires An Appraisal

Why A Lender Requires An Appraisal Appraisal Basics A real estate appraisal is a key component in a lender’s decision to lend.  There are several purposes for completing a real estate appraisal, including to determine:

Real estate property appraisals for mortgage financing

Real estate property appraisals for mortgage financing A mortgage lender is interested in knowing what the market will pay for a property under normal circumstances.  A real estate appraiser will produce a document called an appraisal that calculates the market value of a property being used as security for a mortgage.  Market value can be […]