"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
I am a seasoned professional that assists all clients with obtaining a mortgage for whether it be to buy or refinance a home. If there is a delay due to credit or personal issues we can discuss those and set a plan for the future. "Being a mortgage broker gives me the opportunity to help people through a challenging financial process, making it as understandable and anxiety-free as possible. I enjoy educating my clients and helping them feel confident in the financial decisions they are making for their families and their futures. Getting a family into their dream home or opening up a financial opportunity for them, is very rewarding"
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.
A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.
They provide objective, third-party valuation, guiding fair sales or purchase prices.
Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.
Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.
The Eastpoint, FL homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.