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South Shore Valuation
2.7(
1
)
Appraisal - Real Estate

Serving Kouts, IN and surrounding areas

In business since 2013

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n\n-Asset division for situations, like a divorce\n-Deciding on a listing price for your property\n-Tax Challenges. Reducing property taxes if you live in an area where house prices have declined\nDetermining market value on real estate related to a bankruptcy\n-Figuring out the value of home improvements you may have done or are deliberating\n-Retrospective appraisals

Frank Trapane & Associates
5.0(
1
)
Appraisal - Real Estate

Serving Kouts, IN and surrounding areas

In business since 2010

Free estimates

Frank Trapane & Associates brings an unmatched commitment to excellence to your Home Appraisals. We have over 10 years experience delivering unsurpassed professionalism, expertise, and value. We take pride in providing our customers with personalized customer service, the highest industry standards, and top quality workmanship. References available upon request. Give us a call today!

Response time10 mins
Recommended by100%of homeowners
Thomas Eiler
New to Angi
Appraisal - Real Estate

Serving Kouts, IN and surrounding areas

In business since 1993

Thomas Eiler, is one of the most respected names in the Michigan City area for home and land appraisal services.Thomas Eiler, has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. Thomas Eiler, offers a full menu of real estate services and will provide you with a thorough unbiased, detailed, confidential, and professional appraisal of your property! Call me today as I look forward to working you. Tom

Response time1 day
Response rate100%
Property Appraiser questions, answered by experts

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

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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 Kouts, IN homeowners’ guide to property appraisals

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