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Avatar for Amanda Gainey Realtor

Amanda Gainey Realtor

609 SW 8th St #600
No reviews yet

Amanda Gainey Realtor

609 SW 8th St #600
No reviews yet
5 years of experience

My job is to manage the details so you can enjoy your real estate journey. Purchasing a property is one of the biggest financial decisions you will make. Whether this is your first purchase or you are an experienced buyer, I will take the time to listen to your needs and guide you through the buying process.

My job is to manage the details so you can enjoy your real estate journey. Purchasing a property is one of the biggest financial decisions you will make. Whether this is your first purchase or you are an experienced buyer, I will take the time to listen to your needs and guide you through the buying process.


First Star Realty is a Realtor in Farmington, AR. We offer Commercial Real Estate, Homes for Sale, Rentals, Open Houses, and much more.


iInspect, Home Inspection Services

1
No reviews yet

iInspect, Home Inspection Services

1
No reviews yet
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.




Avatar for Mike Murgatroy CrossCountry Mortgage

Mike Murgatroy CrossCountry Mortgage

900 NW 17TH AVE
4.94(
503
)

Mike Murgatroy CrossCountry Mortgage

900 NW 17TH AVE
4.94(
503
)
Customers say: True professional
Recommended by 97% of Angi customers
Recommended by 97% of HomeAdvisor customers

Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org

"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."

Joseph V on March 2022

Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org

"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."

Joseph V on March 2022

Property Appraiser questions, answered by experts

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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 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 cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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.

The Cave Springs, AR homeowners’ guide to property appraisals

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