"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
We are a locally owned and operated appraisal company that provides a quality product by a certified appraiser. We specialize in private market appraisals for estate valuations, for sale by owner, prelistings, and more. We have been based out of the Pontotoc area for over 15 years. We are highly familiar with property values and will give you the accurate and detailed report you need. Please call for availability ourside of listed business hours.
Thompson Appraisal Company LLC, is a reputable appraisal company that specializes in residential real estate and property valuations. We are experienced with divorce proceedings, pre-listings, and tax appeals. Founded in 2019, we strive to exceed your expectations, always paying close attention to the specific needs of each individual or company with whom we work. We look forward to building long-term relationships with our clients, and we hope you will be one of them. We do not perform appraisals for refinancing of a home or the purchase of a home if the home will be financed through a bank. Our appraisal services are strictly for obtaining market values for individuals homes/land as well as if you have the means to purchase a home in cash. Any financing needed, you will need to speak with your local banker on how to move forward. Thank you for your consideration, and we look forward to hearing from you!\n\n * * * Pricing for single family home $375 - $425* * *
We provide results, not excuses! We pride our company on customer service, professionalism, great communication, efficiency, and superior quality work. We are experts in our trade and will do our best to keep you as educated as we can on your project. We look forward to earning your business! Feel free to give us a call today!
Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.
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.
In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.
While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.
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.
The Ripley, MS homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.