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San Francisco Bay Area Appraisers
4.8(
5
)
Appraisal - Real Estate

Serving Eldridge, CA and surrounding areas

In business since 2008

Credit card accepted

Offers commercial services

"Pro: Quick same day service. Detailed and accurate appraisal report. Con: He should state ahead of time the fact the he wants payment before providing the appraisal report. I was expecting a report and an invoice, after agreeing to hire him over the phone, but it took lengthy conversation after the home visit to get him to produce the report. Ultimately all was well but this phone-arguing seemed unnecessary and unprofessional."
Response time2 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

The Eldridge, CA homeowners’ guide to property appraisals

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