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TRUSTED BY CAMERON PARK, CA HOMEOWNERS

  • Average homeowner rating star icon4.7
    Average homeowner rating
  • Verified reviews icon43
    Verified property appraisals reviews

Find Property appraisers in Cameron Park

Ballew & Company
3.5(
12
)
Appraisal - Real Estate

Serving Cameron Park, CA and surrounding areas

In business since 1990

Free estimates

"Rebecca was wonderful to work with. She is knowledgeable and helpful. She kept me informed and updated during the entire process of the appraisal on my property. Besides being professional, Rebecca is a very nice person with warmth, understanding and humor. I would definitely recommend Ballew and company Personally I will use Rebecca with any future transactions or needs that may arise"
Response time5 hrs
Response rate90%
Recommended by85%of homeowners
Sacramento Valley Appraisal
5.0(
1
)
Appraisal - Real Estate

Serving Cameron Park, CA and surrounding areas

In business since 1996

Credit card accepted

\nSacramento Valley 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 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! \n

Response time4 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Typically during transactions or refinancing, or whenever significant improvements are made.

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The Cameron Park, CA homeowners’ guide to property appraisals

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