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Arkansas Elite Realty

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Arkansas Elite Realty

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8 years of experience

Buying or selling real estate is COMPLICATED! But at Arkansas Elite Realty, we make things simple AND straightforward. Our clients will never be surprised at the closing table with additional realtor charges. No transactions fees. No professional fees. No administrative fees. And, we only get paid after our seller does. On top of that, unlike other real estate companies, our buyers are NEVER charged for our services. It's just one more way we strive to outshine our competition!

Buying or selling real estate is COMPLICATED! But at Arkansas Elite Realty, we make things simple AND straightforward. Our clients will never be surprised at the closing table with additional realtor charges. No transactions fees. No professional fees. No administrative fees. And, we only get paid after our seller does. On top of that, unlike other real estate companies, our buyers are NEVER charged for our services. It's just one more way we strive to outshine our competition!


iInspect, Home Inspection Services

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iInspect, Home Inspection Services

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22 years of experience

Certified Master Inspector: We provide home inspections tailored to the needs of home buyers, sellers, mortgage lenders, and insurance companies. Our company is licensed and insured. If you’re looking for thorough inspections, look no further than iInspect. We work closely with each client to ensure they understand our services and the inspection process.

Certified Master Inspector: We provide home inspections tailored to the needs of home buyers, sellers, mortgage lenders, and insurance companies. Our company is licensed and insured. If you’re looking for thorough inspections, look no further than iInspect. We work closely with each client to ensure they understand our services and the inspection process.

Property Appraiser questions, answered by experts

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.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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.

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.

The Caraway, AR homeowners’ guide to property appraisals

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