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Avatar for Mostad & Company, LLC
Mostad & Company, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Moodus, CT and surrounding areas

In business since 2006

Free estimates

Credit card accepted

I pride myself on reliability, great communication, integrity, and quality work. I am an expert in Real Estate Appraisals in Connecticut and do my best to inform my clients on the process and keep them informed.\nI believe in asking a lot of questions regarding the property at hand.\nI am available 24/7 for emergencies. I look forward to working with you.

Pierrepont Lake
Response time4 hrs
Recommended by100%of homeowners
Avatar for Style Appraisal Services
Style Appraisal Services
5.0(
3
)
Appraisal - Real Estate

Serving Moodus, CT and surrounding areas

In business since 1997

Free estimates

"I've been in business for 20 years and I have used Style Appraisal Services for over 20 years. He is extremely knowledgeable of the area very meticulous in his reports has a great reputation with all the Realtors around town I recommend him to anyone that asks."
Response time5 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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

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.

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.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

The Moodus, CT homeowners’ guide to property appraisals

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