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

Serving Gladwin, 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 Gladwin, 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

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Gladwin, MI homeowners’ guide to property appraisals

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