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TRUSTED BY DAVIDSON, NC HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon61
    Verified property appraisals reviews

Find Property appraisers in Davidson

Mora Real Estate Appraisal Service, LLC
4.9(
17
)
Appraisal - Real Estate

Serving Davidson, NC and surrounding areas

In business since 2001

Free estimates

Credit card accepted

"Wendy was very through and professional. She arrived on time and explained the appraisal process. She returned an appraisal report back to us in 72 hours based on current comps demonstrating the value of our home and property. I highly recommended her if you need your home appraised."
Response time2 hrs
Recommended by100%of homeowners
Preferred Appraisals, LLC
4.8(
4
)
Appraisal - Real Estate

Serving Davidson, NC and surrounding areas

In business since 2000

We're a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer over 20 years of industry experience and a variety of home appraisal services that are customizable to each individual home. We specialize in real estate appraisals. We look forward to building lasting relationships and guarantee your satisfaction!\n\n

Response time1 day
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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

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.

The Davidson, NC homeowners’ guide to property appraisals

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