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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
74
)
Appraisal - Real Estate

Serving Cullen, LA and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"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."
Restaurant
Response time5 hrs
Response rate89%
944 neighbors recently requested a quote
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Avatar for Richardson Appraisal Service of Louisiana
Richardson Appraisal Service of Louisiana
5.0(
39
)
Appraisal - Real Estate

Serving Cullen, LA and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Mr. Richardson was very professional and personable. He was highly knowledgeable and answered any/every question that I had. He went above and beyond to accommodate the date/time requested for inspection as I live 4 hours away from the property and my availability was limited. Due to the thoroughness of his appraisal report, I am very well positioned to make an informed decision on the sale of my property. I would absolutely use Mr. Richardson's services again and would reccomend him to anyone."
Response time7 hrs
Response rate97%
Recommended by97%of homeowners
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Property Appraiser questions, answered by experts

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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 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

The Cullen, LA homeowners’ guide to property appraisals

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

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