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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

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. 

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

The Weiner, AR homeowners’ guide to property appraisals

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