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Avatar for Jacoma Construction
Jacoma Construction
5.0(
4
)
Appraisal - Real Estate

Serving Helena, MS and surrounding areas

In business since 2011

Free estimates

Emergency services offered

We are residential home builders serving the most of Mississippi, parts of Alabama and parts of Texas. We have a full time dedicated staff that offer full services for plan designing and building new homes.

Recommended by100%of homeowners
Mike Purvis Real Estate Appraiser
3.0(
2
)
Appraisal - Real Estate

Serving Helena, MS and surrounding areas

In business since 1972

Free estimates

Mike Purvis Real Estate Appraiser is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade, combined with ability, is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business\n\nM-F 8-5 Sat 8-12

Response time1 day
Recommended by50%of homeowners
James Morris Appraisal Service
New to Angi
Appraisal - Real Estate

Serving Helena, MS and surrounding areas

In business since 1992

We are a leading provider of real estate valuations for the mortgage lending marketplace. With many years of experience in the business, we have a proven track record of reducing time, efforts and costs in managing the appraisal process. We are a leading provider of appraisals for: Primary and secondary mortgages, mortgage refinancing, employee relocation, estate planning, and divorce settlement.

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.

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.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The Helena, MS homeowners’ guide to property appraisals

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