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Avatar for Arkansas Elite Realty

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!

For Sale Roofing

5.00(
1
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For Sale Roofing

5.00(
1
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Customers say: Quick response
Recommended by 100% of Angi customers
Recommended by 100% of HomeAdvisor customers

Family Owned & Operated Established Since 1998, 15 years experience in independent work for home owners, business owners, commercial properties, residential areas. I keep a crew of three on the job. Sub contracting work is done. Free Estimates, Expense of Material Needed Is To Be Paid Upfront All Labor Expenses Are Paid Upon Completion of Job & Owners Satisfaction Of Job Being Done.

Family Owned & Operated Established Since 1998, 15 years experience in independent work for home owners, business owners, commercial properties, residential areas. I keep a crew of three on the job. Sub contracting work is done. Free Estimates, Expense of Material Needed Is To Be Paid Upfront All Labor Expenses Are Paid Upon Completion of Job & Owners Satisfaction Of Job Being Done.

Avatar for iInspect, Home Inspection Services

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

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.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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 Marmaduke, AR homeowners’ guide to property appraisals

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

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