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The Credit Doctor's

205 Runway Dr
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The Credit Doctor's

205 Runway Dr
No reviews yet
5 years of experience

Our passion is educating the consumer and helping them successfully restore their bad credit and financial situation. Our unique experience has brought us all together to share what we love. As a group we have a collection that ranges from creative and rare with a combined 50 years experience. We are a one stop shop for all your information and answers to credit restoration, auto, mortgage, credit cards, personal loan, bankruptcy, repossession, extended warranty, gap insurance., and much more.

Our passion is educating the consumer and helping them successfully restore their bad credit and financial situation. Our unique experience has brought us all together to share what we love. As a group we have a collection that ranges from creative and rare with a combined 50 years experience. We are a one stop shop for all your information and answers to credit restoration, auto, mortgage, credit cards, personal loan, bankruptcy, repossession, extended warranty, gap insurance., and much more.

Property Appraiser questions, answered by experts

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

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

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

While parts of the appraisal are out of your control, there are some things you can do to potentially raise the home’s value. You can make necessary repairs and upgrades before the appraiser visits—an appraiser can only value what is currently part of the home, not its potential. You can also provide the appraiser with the cost of recent upgrades. The appraiser will likely increase the value of your home by about 50% or more of what you paid for those improvements.

The Noel, MO homeowners’ guide to property appraisals

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

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