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Avatar for James Beggs
James Beggs
4.9(
28
)
Appraisal - Real Estate

Serving Bermuda Dunes, CA and surrounding areas

Approved

In business since 2003

Free estimates

Small jobs welcome

"I had Mr. James Beggs appraised one of my properties first and see how he does. I needed the step up in basis appraisal done right away so i would have the report before taxes were to be due in April. Mr. Beggs was able to do the appraisal right away, he arrived on time for our appointment to meet with him, explained my options on the appraisals and had the appraisal report within a few days. I was happy that he was able to do it right away and I was satisfied of his work so i requested him to do my other two properties as well. I requested for him to send me an online and a hard copy report of the appraisals and he did. Im a happy and a thankful client. Thanks Mr. Beggs and thank you too Home Advisor! This is my second time i used this site."
4 neighbors recently requested a quote
Recommended by100%of homeowners
Thomas P. Hubschman Appraisal
2.3(
3
)
Appraisal - Real Estate

Serving Bermuda Dunes, CA and surrounding areas

Approved

In business since 2001

Free estimates

Customers say: Quick response

Thomas P. Hubschman Appraisal is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 18 years of hands on experience, to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with. Please feel free to contact us today!

Response time30 mins
Recommended by50%of homeowners
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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.

Yes, experienced appraisers handle a variety of property types with tailored methods.

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.

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.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

The Bermuda Dunes, CA homeowners’ guide to property appraisals

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