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Bank Right Appraisal
5.0(
7
)
Appraisal - General

Serving Auburn, CA and surrounding areas

In business since 2002

Free estimates

Credit card accepted

"Daniel Rinsch at Bank Right Appraisal is very knowledgeable, easy to speak with (courteous) and provided a very competitive price. He clearly explained the process, which was performed seamlessly and resulted in a fair and accurate valuation of my property. The appraisal report was delivered on time and is comprehensive and easy to understand. Dan was gracious with his time in discussing the report with me. The customer service exceeded my expectations. I Highly RECOMMEND BANK RIGHT APPRAISAL!"
Response time1 day
Response rate90%
Recommended by100%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

Mobile homes weigh anywhere between 45 to 50 pounds per square foot. Some newer options weigh up to 70 pounds per square foot. An average single-wide mobile home weighs 45,000 pounds, and a double-wide mobile home weighs about 70,000 pounds. Triple-wide mobile homes range from 90,000 to 100,000 pounds.

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 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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Auburn, CA homeowners’ guide to antique and jewelry appraisals

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