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TRUSTED BY RICHMOND, CA HOMEOWNERS

  • Average homeowner rating star icon4.9
    Average homeowner rating
  • Verified reviews icon24
    Verified property appraisals reviews

Find Property appraisers in Richmond

Avatar for Bay Area Real Estate Appraisals
Bay Area Real Estate Appraisals
4.9(
23
)
Appraisal - Real Estate

Serving Richmond, CA and surrounding areas

Approved

In business since 1994

Free estimates

Small jobs welcome

"The Appraiser was Professional, Courteous and Informative. His work ethic was Superior. I felt that I could trust this Appraiser and was delighted that he went the extra mile for the service. I am very happy with this service and would hire Eric Williams (Appraiser)/Bay Area Real Estate Appraisals again."
Response time1 day
Response rate94%
2 neighbors recently requested a quote
Elmer Gamoning
5.0(
12
)
Appraisal - Real Estate

Serving Richmond, CA and surrounding areas

Approved

In business since 2020

Free estimates

Customers say: Quick response

"Elmer did three separate property appraisals for estate settlement for me. He answered all my questions to my satisfaction .He was punctual in all our appointments. He gave me all the printed copies of the reports after he was done promptly. I would highly recommend him if you need property appraisals."
Response time4 hrs
Response rate92%
24 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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

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.

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The Richmond, CA homeowners’ guide to property appraisals

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