We did a full down-to-the-studs renovation of a three bedroom ranch. It was a challenging property and Ryan was great to work with troubleshooting unique situations and presenting alternatives. Weâ ve gone back to Fairmount Woodworking on about ten projects since then.
Haven’t put him to the test yet, but he was prompt with our meet and appraisal and shared a very reasonable quote.
Dirigo ContractingEver since Maine pest Solutions started the preventative bedbug treatments, we have had no infestations/outbreaks. The staff is very knowledgeable, professional, efficient yet thorough, and courteous. They take the time to explain any plans of actions or if something needs to be changed at...
I read Terry?s write-ups in AngiesList, and decided that he was the one to sell my home! After my first meeting, I understood why the other AngiesList members were so complimentary. He has a totally different approach to the whole process, starting with excellent glamour-style photography...
Terry Hunter Hunter-BrokerWe are a TEAM. We are both Associate Brokers. We are REALTORS. WE ARE HONEST! Real Estate (Agents) Brokers.
We are a TEAM. We are both Associate Brokers. We are REALTORS. WE ARE HONEST! Real Estate (Agents) Brokers.
Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org
"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."
Joseph V on March 2022
Mike Murgatroy has 24 years of lending experience and is an Angi Super Service Award recipient 2012-2022. Mike is also ranked in the top 1% mortgage originators in the United States. With integrity at the core of his values, you can rest assured that Mike Murgatroy will give you informed detailed mortgage advice, the same he would recommend to his own family. We pride ourselves on having a transparent process which we will walk you through every step of the way. Start your application process today by visiting themurgteam.com and find out why so many others continue to bring their business to Mike Murgatroy. NMLS ID# 60099; http://www.nmlsconsumeraccess.org
"It went great again. I am a repeat customer. They are professional, organized, and they perform like a well oiled machine. From the application process to the closing A+++++++ They do what they say they are going to do in a timely manner. I cannot say enough about this team. Thank you for another great experience Michael, Peter, Monica, and Connie."
Joseph V on March 2022
An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.
Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.
The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.
A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.
Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals typically expire in just a few months. Learn how long an appraisal is good for and what factors affect its longevity.
Wondering how to improve the appraisal value of your home? Use these tips to maximize return on investment and boost your property value before you sell.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.
A home appraisal determines your property’s value and is necessary for most real estate transactions. Learn more about home appraisals and why they matter.
Even when property values are soaring, your home’s appraised value might not reflect it. Here are factors that could hurt your home’s appraisal.
Preparing for a home appraisal and making sure everything is in order can be stressful. Use this home appraisal checklist to make your life easier.
