Q: What services does your appraisal company provide?
A: Our appraisal company provides a range of valuation services with a focus on residential and vacant land real estate appraisals. We also regularly complete appraisal reviews, measurements of houses to determine the exact square footage, and consultation services for various purposes such as buying, selling, refinancing, and estate planning.
Q: What is an appraisal, and why is it important?
A: An appraisal is an unbiased assessment of the value of a property conducted by a professional, licensed appraiser. It is crucial for determining the fair market value, ensuring accurate financial decisions, resolving legal disputes, and providing confidence to buyers, sellers, lenders, and investors.
Q: How do you determine the value of a property?
A: Our appraisers use various methods to determine property value, including analyzing comparable sales, assessing market conditions, considering the property’s characteristics, and applying professional judgment based on their expertise and knowledge of the local market.
Q: How long does the appraisal process typically take?
A: The duration of the appraisal process depends on the complexity of the property and the purpose of the appraisal. Generally, it can range from a few days to a couple of weeks. We strive to provide timely and accurate appraisals while maintaining high-quality standards.
Q: Are your appraisers certified or licensed?
A: Yes, our appraisers are certified or licensed professionals who have undergone rigorous training and meet the qualifications set by industry standards and regulatory bodies. They adhere to ethical guidelines and maintain up-to-date knowledge of appraisal principles and practices.
Q: Can you provide appraisals for unique or specialized properties?
A: Yes, our appraisal company has experience in appraising a wide range of properties, including unique or specialized properties such as historic homes, large estates, vacant land, multi-family dwellings, and more. We can provide accurate valuations for diverse property types.
Q: Can your appraisals be used for mortgage purposes?
A: Yes, we regularly complete appraisals for virtually all of the area banks, lenders, and mortgage companies. Our reports comply with industry standards and guidelines, providing lenders with the necessary information to make informed lending decisions.
However, you should not order an appraisal from us, then take the completed appraisal to your bank, lender, or mortgage company and expect them to use it with your loan. They like be in control of the appraisal ordering process. So even though we may work with XYZ Bank on a regular basis, they won’t accept an appraisal unless they’ve ordered it through their channels.
Q: What factors can influence the value of a property?
A: Several factors can influence property value, including location, size, condition, site/lot conditions, comparable sales, market trends, amenities, zoning regulations, and economic factors. Our appraisers carefully consider all relevant factors to provide accurate valuations.
Q: Can you provide appraisal reviews for previously conducted appraisals?
A: Yes, we offer appraisal review services to assess the quality, accuracy, and compliance of previously conducted appraisals. Our experienced appraisers can identify potential errors or inconsistencies and provide an unbiased evaluation of the original appraisal.
Q: How do I request an appraisal from your company?
A: To request an appraisal, you can contact our appraisal company by phone at [501-607-0615] or through our website’s contact form. Our team will gather the necessary information about your property, discuss your specific needs, and provide a customized quote for our services.