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Avatar for Kurt Rehak - Licensed Appraiser
Kurt Rehak - Licensed Appraiser
1.0(
1
)

Serving Warwick, 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

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

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.

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

The Warwick, MD homeowners’ guide to property appraisals

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