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Avatar for R & R  Appraisal Services LLC
R & R Appraisal Services LLC
4.3(
6
)
Appraisal - Real Estate

Serving Cedar Mountain, NC and surrounding areas

In business since 2017

Free estimates

Credit card accepted

At R&R Appraisal Services, LLC, we provide professional appraisals to help our clients make informed decisions about their real estate investments. We give an accurate estimate of your house’s worth in today’s market.

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Response time5 hrs
Response rate90%
Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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 Cedar Mountain, NC homeowners’ guide to property appraisals

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