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R.A.I.N
New to Angi
Appraisal - Real Estate

Serving Lepanto, AR and surrounding areas

Approved

In business since 2020

Offers commercial services

We take great pride 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. order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer a professional manner. Our reputation is based on service, safety, and quality, regardless of how large or small the job.

Response time3 hrs
Response rate92%
Spurlock Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Lepanto, AR and surrounding areas

In business since 2004

Free estimates

Spurlock Appraisals is committed to excellence in 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.

Response time2 hrs
Recommended by100%of homeowners
Home Base Appraisal Management
New to Angi
Appraisal - Real Estate

Serving Lepanto, AR and surrounding areas

In business since 2013

Free estimates

Credit card accepted

Home Base Appraisal Management was founded in May 2009. We started our company with high hopes in the front room of the owner's home. We took everything one step at a time and have achieved more than we ever thought we would. After 6 years in business, we have grown out of the basement and have become one of INC 5000's fastest growing companies in America. Home Base Appraisal Management has a reputation of outstanding communications and customer service. We have one of the nations largest networks of appraisers and provide appraisal services in the majority of the United States. Please call us today to book your appointment!

Response time4 days
Property Appraiser questions, answered by experts

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

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.

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

The Lepanto, AR homeowners’ guide to property appraisals

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