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Avatar for Cullen Real Estate and Appraisal Company
Cullen Real Estate and Appraisal Company
4.9(
444
)

Serving Centerville, MA and surrounding areas

Approved

In business since 1990

Free estimates

Emergency services offered

"I spoke with Jessica about needing an appraisal for 2 property's that my in-laws own and that needed to be appraised fairly soon for Estate purposes. She was friendly and they had the appraisal done within a week! Great service!"
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Land Appraisal

+3

Response time4 hrs
24 neighbors recently requested a quote
Recommended by98%of homeowners
Outermost Home Appraisals
5.0(
2
)

Serving Centerville, MA and surrounding areas

In business since 2004

Outermost Home Appraisals, is committed to excellence in every aspect of appraising. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of the real estate market in Massachusetts, combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business while educating them on what an appraisal can do for them. We specialize in Estate and IRS appraisals, Tax abatement appraisals and residential mortgage appraisals. Unfortunately, we do not do; vacant land, divorce or commercial appraisals.

Response time1 day
Response rate91%
Recommended by100%of homeowners
Avatar for Choice Home Warranty
Choice Home Warranty
4.0(
5,677
)

Serving Centerville, MA and surrounding areas

In business since 2008

Emergency services offered

Credit card accepted

"This Warranty company is the best. I have properties and I used several warranties companies in the Pass. Choice never, I repeat never try to play the blaming game or find the littlest excuse not to do the job. Three words: They are excellent’"
Recommended by82%of homeowners
Avatar for A and M Appraisal Company
A and M Appraisal Company
5.0(
2
)

Serving Centerville, MA and surrounding areas

In business since 2001

At A and M Appraisal Company, we pride our company on reliability, great communication, integrity, and quality work. We strongly believe in giving our absolute best in all the work we perform. We are experts and will always keep you educated about the work process. We look forward to earning your business.

1700's antique
Waterfront Estate
Response time30 mins
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 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.

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.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

The Centerville, MA homeowners’ guide to property appraisals

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