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  • Verified reviews icon22
    Verified property appraisals reviews

Find Property appraisers in Annapolis Junction

Avatar for Jeffrey W Aaron
Jeffrey W Aaron
5.0(
12
)
Appraisal - Real Estate

Serving Annapolis Junction, MD and surrounding areas

In business since 2005

Free estimates

"I hired Jeffrey to give me an appraisal after I perform the number of upgrades on my home. Jeffrey was realistic, informative and very fair in his appraisal. I appreciated his willingness to walk me through the appraisal and to give me a true sense of the value of the property. I especially appreciated that he was conservative and fair. I'm certain this appraisal will stand the scrutiny of USDA and any Federal Bank. Sometimes appraisers work for the bank. I felt Jeffrey was protective of my interest. Jeffrey gave me confidence in me potential investment."
Jeffrey W Aaron
Jeffrey W Aaron
Jeffrey W Aaron
Response time7 hrs
Response rate98%
Recommended by100%of homeowners
Avatar for The Yungmann Group of Keller Williams Integrity
The Yungmann Group of Keller Williams Integrity
5.0(
25
)
Appraisal - Real Estate

Serving Annapolis Junction, MD and surrounding areas

In business since 2004

Emergency services offered

"My wife had actually found David on a home she purchased just before we started dating a few years back. I can be a bit of a skeptic and tend to do much more thorough research on things so I wasn't sure he would be the right agent for us.
I looked around, talked with other agents, even went on a few home tours with a couple, but none of them could compare to David's professionalism, expertise, personality, and communication. 
Every step of the way David was letting us know what to expect, how we should handle things, what we should be looking for, etc. He always kept line of communication open with us and was always quick to reply to any communication attempts. 
I admit that I am difficult to please when it comes to business relationships, I expect a high level of service just like I provide to my own clients. However, David met our expectations in every possible way.
It's not often I actually write reviews but David's service was that good...others deserve the level of service he provides and will not be let down.
"
Townhome
Luxury Home
Single Family Detached
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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 cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

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 Annapolis Junction, MD homeowners’ guide to property appraisals

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