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Douglas Appraisals, LLC
3.5(
19
)

Serving Yoder, CO and surrounding areas

In business since 1990

Credit card accepted

Offers commercial services

"Mr. Douglas did a great job on helping us appraise our father’s home since he can no longer live there. I was a little confused with Mr. Douglas’ disorganization with somethings; asking about meeting the wrong day and explaining/asking questions about some photos that weren’t of our home but at the end of the day everything turned out okay. We got a very well detailed appraisal in an extremely timely fashion. Overall we were very pleased with the appraisal."
Recommended by73%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

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

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.

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.

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.

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 Yoder, CO homeowners’ guide to antique and jewelry appraisals

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