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Southern Home Appraisal Services, Inc.
5.0(
1
)
Appraisal - Real Estate

Serving Troy, AL and surrounding areas

In business since 1996

Free estimates

We pride our company on reliability, great communication, integrity, and quality work. We strongly believe in giving the absolute best in all of our projects, no matter how big or small. We are experts in our trade and will always keep you educated on your particular task or project. We look forward to earning your business!

Response time7 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

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.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

The Troy, AL homeowners’ guide to property appraisals

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