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Find Property appraisers in Cheswold

Amerappraise, LLC
New to Angi
Appraisal - Real Estate

Serving Cheswold, DE and surrounding areas

In business since 1986

Free estimates

Credit card accepted

We have 29+ years of experience providing home valuations for first and second mortgages and equity lines of credit. Your Real Estate investment will probably be the largest purchase in your lifetime. Call us for a Pre-Sale or Pre-Purchase 'Peace of Mind' appraisal that will provide you with an expert opinion of what the fair market value is before entering into a binding transaction.

Illingworth Appraisal Services
New to Angi
Appraisal - Real Estate

Serving Cheswold, DE and surrounding areas

In business since 2006

Free estimates

Credit card accepted

Illingworth Appraisal Services is a real estate valuation firm performing appraisals for lenders, real estate agents, lawyers, accountants, and private parties. We pride ourselves on our high quality, and diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence, and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Avatar for Compass SS, Inc.
Compass SS, Inc.
1.0(
1
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Appraisal - Real Estate

Serving Cheswold, DE and surrounding areas

In business since 2004

Compass SS, Inc., serves Pennsylvania, Delaware, and New Jersey. We help home buyers make an informed and confident purchase decision and home sellers better prepare and position their home for a successful sale. Appraisal services are a visual inspection of readily accessible areas of the home or building from foundation to roof, exterior through interior; focusing on the home�s condition in terms of safety and serviceability. We have a fully trained staff and reasonable rates.

Property Appraiser questions, answered by experts

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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 Cheswold, DE homeowners’ guide to property appraisals

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