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Avatar for The Maine Appraisal Company
The Maine Appraisal Company
4.8(
7
)
Appraisal - Real Estate

Serving Vinalhaven, ME and surrounding areas

Approved

In business since 2021

Free estimates

Credit card accepted

"Thom, arrived at our home at the time he said he would. We received the full written appraisal exactly when we told we would have it. It was thorough, clear to read and to understand, the comps were very well matched, and the appraisal was very comprehensive. The day after receiving the appraisal, re-reading it over again, we had a few questions to ask Thom. We received a call back w/in a few hrs and were given ample time to ask all our questions and Thom gave us clear answers and we received full understanding of a few aspects of the appraisal. Highly recommend Maine Appraisal Company to anyone looking for a complete and thorough appraisal. Thom was a pleasure to work with."
Response time1 day
Response rate92%
Recommended by100%of homeowners
Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)
Appraisal - Real Estate

Serving Vinalhaven, ME and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Everything went wonderfully with this company.  They were very professional, listened to exactly what my problem was, and explained to me how they were going to diagnose the problem and/or solve it before doing any actual work.  Once they started, the team (three people came) worked together like a well-oiled machine.  One was in the room with diagnostics, one was at the fuse box looking for possible problems there, and the third went into the crawlspace beneath our house to look at the physical wiring.  Once the problem was found (there was a faulty wire beneath the house that had come loose from the junction box), it was fixed and tested within minutes and another full diagnostic was done to make sure there were no other possible issues.  They cleaned up after themselves very neatly.  They also replaced the light switch with a dimmer switch at no extra cost!  Well within my budget, and came in even lower than their original (FREE) estimate!  I would highly recommend this company to anyone in the Bergen County area.
"
Before
After's
New boiler install
Removal of cast Iron to PVC.
Additional Photos

+37

Recommended by89%of homeowners
Property Appraiser questions, answered by experts

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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The Vinalhaven, ME homeowners’ guide to property appraisals

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