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Avatar for American Dream Realty and Appraisals
American Dream Realty and Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Westpoint, IN and surrounding areas

In business since 2003

Credit card accepted

We are a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We have many years of experience to give you confidence that we are your number one choice for your next home project. You will find us to be competitively priced with close attention to the details. We look forward to building a lasting relationship and guarantee your satisfaction!

Response time11 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Westpoint, IN homeowners’ guide to property appraisals

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