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Questions and Articles

5 items

Who is Bill Wilson (William P. Wilson III)?

A:
Bill Wilson is a Tennessee state Certified General Appraiser (CG-002) who has gained extensive experience in the real estate industry through appraising, financing, developing, and liquidation of properties since 1980. Bill Wilson... • Is an Accredit ... more

What goes into a real estate appraisal?

A:
The Inspection: It all starts with the inspection. An appraiser's duty is to inspect the property being appraised to ascertain the true status of that property. He or she must actually see features, such as the number of bedrooms, bathrooms, the loca ... more

What is a Manufactured Home and How Does it Differ From a Modular Home?

A:
A manufactured home (also known as a mobile home) is a single or multi-sectional home built on a permanent frame, like a steel undercarriage/chassis, with a removable transportation system (hitch and wheels). The unit is permanently attached to a sit ... more

What is the Purpose of an Insurance Appraisal ?

A:
The main purpose of an insurance appraisal is to ensure that the entire property; materials, labour, professional fees, overhead, contractor’s profit, taxes and insurance are adjusted to reflect the current costs for the area that the property is loc ... more

What is an appraisal management company?

A:
At first glance, this seems almost self-evident. An appraisal management company is just that, a company that manages appraisal vendors and all of the ordering, tracking, and delivery tasks that need to be attended to within a real estate mortgage tr ... more
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