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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

"UPDATE: After writing this review, They reached out to me and delivered the appraisal as promised, though late. All in all, it took about a week and a half and they did a nice appraisal on my property. ORIGINAL: Needed an appraisal for my rental property and the initial call went well, they set up a time and day as expected, but they never called to confirm the day of. They did show up, did not call me when they finished, and a week later still have not heard from them and I have called to follow up 5 times."
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

Yes, experienced appraisers handle a variety of property types with tailored methods.

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

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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.