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TRUSTED BY ORION, MI HOMEOWNERS

  • Average homeowner rating star icon4.2
    Average homeowner rating
  • Verified reviews icon44
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Find Property appraisers in Orion

Blake Appraisal Corp.
5.0(
8
)
Appraisal - Real Estate

Serving Orion, MI and surrounding areas

Approved

In business since 1997

Free estimates

Customers say: Quick response

"Blake Appraisal Company provided me with the information I needed to maximize the value of my home sale and provide the confidence I needed to sell my home by owner. I would recommend them to anyone. I was very pleased with their service."
Headshot
Response time1 day
1 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Greg Bagnik
Greg Bagnik
4.7(
375
)
Appraisal - Real Estate

Serving Orion, MI and surrounding areas

In business since 1998

Free estimates

Credit card accepted

"Greg was very quick to respond to our initial inquiry. Scheduling the appraisal was smooth and easy, he met us promptly on the date/time agreed. He completed the appraisal and report very efficiently. We feel his work was excellent and the cost very reasonable. He is easy to correspond with; via phone, text, and email., We would definitely contact him again for any future appraisal needs."
Response time10 mins
Response rate100%
Recommended by96%of homeowners
Avatar for At ease home inspection
At ease home inspection
5.0(
9
)
Appraisal - Real Estate

Serving Orion, MI and surrounding areas

In business since 2017

Free estimates

Emergency services offered

"I would recommend At Ease Home Inspection to any one who is need of a home inspection. The gentlemen who came out to my home was very prompt, efficient, and professional. They made The Whole process of a home inspection stress and pain free."
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Recommended by100%of homeowners
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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.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

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.

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.

The Orion, MI homeowners’ guide to property appraisals

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