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Avatar for Monika Glennon
Monika Glennon
5.0(
35
)
Appraisal - Real Estate

Serving Mount Olive, AL and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"We contacted her because she had good reputation on Angie's list in our area. She made a list of homes for us based on our preferences and price range, and drove us to different subdivisions since we were new to this area. That helped us get a better idea of what we wanted and we quickly narrowed down the houses on the list. We got a good deal and everything went smoothly. She was also with us and helped us during the move-in inspection.
"
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Recommended by100%of homeowners
Authentic Appraisals, LLC
4.6(
9
)
Appraisal - Real Estate

Serving Mount Olive, AL and surrounding areas

In business since 1998

"Norman was awesome, he came out for an appraisal on my home for a refinance. He came in, he was quick, thorough, I hardly even knew he was there, except for the fact my dogs would not shut up barking. He was very patient and understanding. He was very knowledgeable in answering any question I had. I would highly recommend this company."
Response time6 hrs
Recommended by87%of homeowners
Avatar for Apex Appraisals, LLC
Apex Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Mount Olive, AL and surrounding areas

In business since 2015

At Apex Appraisal we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job.

Response time3 hrs
Response rate100%
Recommended by100%of homeowners
Avatar for Pierce Home Appraisals
Pierce Home Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Mount Olive, AL and surrounding areas

In business since 2009

Credit card accepted

OVER 20 YEARS EXPERIENCE!!!\n\nHIGHEST QUALITY WORK IN THE STATE\n\nTOP RATED HOME ADVISOR PRO!!\n\nWelcome to Pierce Home Appraisals!\n\nWe take pride in the quality of work and customer satisfaction that we give each and every customer! We are known to pay exquisite attention to detail, while making customer satisfaction our top priority. Call us today to learn more about how we can help!! \n\n

Response time2 days
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The Mount Olive, AL homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.