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Avatar for Robert J. Reamer Appraiser
Robert J. Reamer Appraiser
5.0(
45
)
Appraisal - Real Estate

Serving Elk Rapids, MI and surrounding areas

Approved

In business since 1990

Free estimates

Credit card accepted

"Bob Reamer offered the lowest price (by half, in one case) of 4 bids for a cottage appraisal. I confirmed the hire by phone on a Thursday, he was going to be in the area the next day so he visited the property on Friday, using a key I had directed him to in my absence. He did the paperwork search. I had the appraisal by email on Tuesday, paying by phone and debit card. He replied promptly to questions, welcomed a list of improvements since the initial purchase, saying more info was always helpful. Photos, floor plan with measurements, and comparables are all helpful, and he also provided both an Appraised Value and a Suggested Asking Price given the current market. Exactly what I needed to know, more promptly than I'd imagined. Great work. Recommended!"
Waterfront Home
Listing Appraisal
Response time7 hrs
8 neighbors recently requested a quote
Recommended by94%of homeowners
Avatar for Practical Real Estate Perspectives
Practical Real Estate Perspectives
4.5(
2
)
Appraisal - Real Estate

Serving Elk Rapids, MI and surrounding areas

In business since 2017

Free estimates

Offers commercial services

Practical Real Estate Perspectives is your one stop shop for all appraisal needs. I am locally owned and operated and take pride the quality of work and customer satisfaction that I give every customer! I am known to pay exquisite attention to detail while making customer satisfaction my top priority. Call today to learn more about how I can help you!

Response time1 day
Recommended by100%of homeowners
American Appraisal Service
0.0(
2
)
Appraisal - Real Estate

Serving Elk Rapids, MI and surrounding areas

In business since 1994

American Appraisal Services office is completely computerized, from the moment they take your order until you receive a detailed appraisal report. At any point in the appraisal process they can give you an up to date status report on each assignment. American Appraisal Service prides their team on delivering, efficient, personalized quality service. It their policy to turn all Appraisal assignments around within 10 business days. The office notifies each client of any delay that might prevent them from meeting a deadline. If you so desire we will fax you or email appraisal reports. If and when you have special needs the team will do their best to accommodate. \n\nYou can be assured that each appraisal assignment will be carried out in a thorough, professional manner. American Appraisal Service is ready to serve all your appraisal needs. \n

Property Appraiser questions, answered by experts

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The Elk Rapids, MI homeowners’ guide to property appraisals

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