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Avatar for MI Appraisal Service
MI Appraisal Service
5.0(
32
)
Appraisal - Real Estate

Serving Harrison, MI and surrounding areas

Approved

Super Service Award Winner

In business since 2010

Customers say: True professional

"Rich was very timely and a joy to work with. Very professional with a very detailed 26 page appraisal needed for a property transfer. I would hire him again."
Coverage area
Response time1 day
22 neighbors recently requested a quote
Recommended by93%of homeowners
Avatar for Two Lakes Appraisal, LLC
Two Lakes Appraisal, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Harrison, 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 Harrison, 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

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.

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.

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.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

The Harrison, MI homeowners’ guide to property appraisals

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