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Avatar for Two Lakes Appraisal, LLC
Two Lakes Appraisal, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Frederic, MI and surrounding areas

In business since 2004

Two Lakes Appraisal has been providing quality appraisal services in Northern Central Michigan since 2004. We service many types of appraisal needs including all types of Residential Appraisals including condos, vacant land and 2-4 family residences. We specialize in fair market valuations for Estate and Divorce properties, as well as for Tax Tribunals, in addition to the standard loan servicing services we provide: purchases, refinances, pre-foreclosures, foreclosures, etc. As a company, we offer you services that are of the highest standard and at extremely competitive rates. In these changing times, you need a reliable appraisal company you can trust.\n\nWe provide appraisal services to the following counties: Roscommon, Crawford, Clare, Gladwin and Otsego.

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

Serving Frederic, 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

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

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.

Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.

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.

The Frederic, MI homeowners’ guide to property appraisals

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