Mortgage financing is a type of loan that is used for people to purchase houses. When purchasing a home and refinancing the bank will often have an appraisal completed in order to determine the amount of the loan. At Ridgepoint we provide an unbiased appraisal to protect the bank and owner’s interests and fast/reliable service for our broker partners.

When property changes from personal residence to tenancy the government requires any appreciation in value from this point to be taxed. In order to determine the change in value, they require a certified appraisal for the date the use was changed to tenancy.

Selling and purchasing a house can be a nerve-racking process because of the large amounts of money involved. It's hard to know if you are offering too high a price or if the purchaser is offering too low. Having an “unbiased” appraisal can help you be more informed and facilitate a reasonable transaction.

Often a married couple will purchase a house together. In the event of a divorce, an appraiser can help to divide the assets amicably. An appraisal can also be used for a prenuptial agreement and a postnuptial agreement.

In the event of a loved one passing away, there can often be a house that is to be split between beneficiaries. Using an appraiser helps the heirs determine what to do with their share of the estate.

Often when financing an investment property the bank will use the potential rents as a way for the owner of the property to qualify for the loan. In effect, they add the rent to your qualifying income. We provide many market rent assessments for all the major banks.

A retrospective appraisal is an appraisal that is completed today but “as if” it was the past. Common retrospective appraisals can be for divorce, capital gains, and estate planning.