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Avatar for Kurt Rehak - Licensed Appraiser
Kurt Rehak - Licensed Appraiser
1.0(
1
)
Appraisal - Real Estate

Serving Earleville, MD and surrounding areas

In business since 1998

Free estimates

Emergency services offered

Our company does residential and commercial appraisals/consulting. Currently we do not offer brokerage services other than valuations. I have been Certified since 1998. For over 23 years, we have been reliable and one of the most informative appraisers on the East Coast. We're very flexible both with pay and scheduling. I can tailor things to your needs because clear communication and your satisfaction are the most important things to me and my business. We specialize in residential and commercial market valuations, divorce, expert witness testimony for lending and non-lending purposes. We appraise all types of real property to include but not limited to all types of residential dwellings, offices, mixed use, industrial, commercial, churches (special use), and right of way appraisals. We do not appraise personal belongings. We do not do surveys.

Kurt S Rehak
Response time1 day
Response rate88%
Property Appraiser questions, answered by experts

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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

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.

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 Earleville, MD homeowners’ guide to property appraisals

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