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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%
1 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%
26 neighbors recently requested a quote
Avatar for Fleener Services
Fleener Services
5.0(
43
)
Appraisal - Real Estate

Serving Richmond, CA and surrounding areas

Approved

Super Service Award Winner

In business since 2010

Free estimates

Small jobs welcome

"I work at a law office and contacted Mr. Fleener to do date of death appraisals on 3 properties owned by our (elderly) client after her husband died. I asked Mr. Fleener to make arrangements with our client's niece to view the properties. He is very responsive, punctual and professional, and our client and her niece are very pleased with his work. His turnaround time for producing the final written appraisals was very quick. I will definitely refer him in the future to other clients (and, to anyone else, for that matter!) who require an appraisal."
Business Card
Response time8 hrs
Response rate100%
17 neighbors recently requested a quote
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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.

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.

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.

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.