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Find Property appraisers in Fernandina Beach

Accredited Appraisal Associates of N.E. Florida, Inc.
5.0(
20
)
Appraisal - Real Estate

Serving Fernandina Beach, FL and surrounding areas

In business since 1998

Emergency services offered

"Impressive. I have had several Appraisal completed, but David Parsley at Accredited Appraisal Associates of N.E. FL, Inc. has impressed me. He's on point. His twenty-plus years of experience provided me with a detailed report (line by line) that was missed from the previous appraisers. He was prompted (not I), professional and the quality of work and experience provided (there is a difference). I will use an Accredited Appraisal Associates of N.E. FL Inc. going forward. David makes the difference."
Response time1 day
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Fernandina Beach, FL and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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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.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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.

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.

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.

The Fernandina Beach, FL homeowners’ guide to property appraisals

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