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Avatar for Kenny Babin, Realtor
Kenny Babin, Realtor
5.0(
4
)
Appraisal - Real Estate

Serving Wilson, LA and surrounding areas

"As a first time home buyer, I had no experience or knowledge as to purchasing a home. Kenny Babin was able to answer any question that I had. He showed different types of properties and made sure that I was able to make a decision using all the information available. Kenny Babin was courteous, professional and patient with my questions. I will definitely be calling him, should I ever need a realtor again!"
Recommended by100%of homeowners
Avatar for Pennant Real Estate
Pennant Real Estate
5.0(
1
)
Appraisal - Real Estate

Serving Wilson, LA and surrounding areas

In business since 2007

Credit card accepted

"When my wife and I were ready to choose a realtor to represent us in the purchase of a home, we contacted the Dave Ramsay organization for a list of their "endorsed local providers".  We were contacted immediately by Mr. Leo Desselle of Pennant Real Estate. After speaking to Leo and two other highly referred local realtors, we both felt very good about proceeding with Pennant Realty. We began the process in September, and closed on New Years Eve. Throughout the entire process, Leo was available, informative, proactive, knowledgeable, pleasant and patient. We could not be more pleased that we had the good fortune to go through this process with a professional as competent and kind as Mr. Desselle and Pennant Real Estate.
"
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Yes, experienced appraisers handle a variety of property types with tailored methods.

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 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.

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.

The Wilson, LA homeowners’ guide to property appraisals

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