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Avatar for 365 Appraisals, LLC
365 Appraisals, LLC
5.0(
1
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Appraisal - Real Estate

Serving Bremen, IN and surrounding areas

In business since 2019

365 Appraisals, LLC is one of the most respected names in the metro South Bend area for residential appraisal services. We have a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. We offer a full menu of real estate services and will provide you with a thorough unbiased, detailed, confidential, and professional appraisal of your property! Call us today, we look forward to working you.

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Response time40 mins
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

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.

The Bremen, IN homeowners’ guide to property appraisals

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