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

Serving Remlap, AL and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"Monika helped me find the house which fit the best to my requirements. She helped me in the negotiation process, with surprisingly good results. I can highly recommend Her services. She is a person, joy to work together."
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Recommended by100%of homeowners
Gregory James CO
5.0(
1
)
Appraisal - Real Estate

Serving Remlap, AL and surrounding areas

In business since 1984

Free estimates

Credit card accepted

"The appraisal was done professionally, efficiently and timely. Greg Shelley, who did the appraisal for our property was easy to work with, thorough and very helpful. He was easily contacted for follow-up questions and quickly responded to my inquiries. I highly recommend Greg Shelley and his company Gregory James CO."
Response time9 hrs
Recommended by100%of homeowners
Avatar for Pierce Home Appraisals
Pierce Home Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Remlap, 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
Certified Valuation Group, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Remlap, AL and surrounding areas

In business since 2011

Free estimates

With over years of experience, CERTIFIED VALUATION GROUP LLC is committed to excellence every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business. Call us today!

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

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

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.

The Remlap, AL homeowners’ guide to property appraisals

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