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TRUSTED BY DURHAM, NC HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon27
    Verified property appraisals reviews

Find Property appraisers in Durham

Avatar for Creekside Realty and Appraisal
Creekside Realty and Appraisal
4.6(
29
)

Serving Durham, NC and surrounding areas

Approved

In business since 1998

Free estimates

Warranties offered

"Needed an appraisal to support a property tax re-appraisal. I had large acreage with multiple buildings and appraiser was able to find comps for supporting information."
The Reality
$50 off $450 appraisal
Fuuny
3 story house
Custom  House

+8

Response time2 days
4 neighbors recently requested a quote
Recommended by89%of homeowners
Avatar for Chris Watson Appraisals
Chris Watson Appraisals
5.0(
6
)

Serving Durham, NC and surrounding areas

Approved

In business since 1997

Free estimates

Credit card accepted

"Chris and Jim were both great to work with and took their time making sure our appraisal gave us all the information we needed to list our home. thanks!"
Ranch Transitional
Traditional Ranch
House
Townhouse
Transitional Style House

+1

Response time5 hrs
8 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Simpson Real Estate Appraisals, LLC
Simpson Real Estate Appraisals, LLC
4.5(
9
)

Serving Durham, NC and surrounding areas

Approved

In business since 2018

Free estimates

Customers say: Quick response

"Tracy Simpson was very professional throughout the process and the appraisal was thorough and completed in a timely manner. I used the appraisal along with comps from my realtor to confirm my asking price. Although the market is crazy right now, her assessment helped me determine the optimal price to maximize exposure. I had 32 showings and 7 offers within the first 3 days."
Response time9 hrs
Recommended by77%of homeowners
Absolute Appraisal Group
4.6(
75
)

Serving Durham, NC and surrounding areas

In business since 1986

Free estimates

"David Ausborn left a message on my telephone answering machine on Sunday. He was courteous, and changed the time of his appointment from 12:00 noon to 4:00 PM without any fuss. He answered all of my questions, and his meticulous APPRAISAL Report is going to save me $2,700 when I use it to appeal my Johnston County Property tax evaluation."
Response time3 hrs
Recommended by97%of homeowners
Avatar for Larry Tollen
Larry Tollen
5.0(
36
)

Serving Durham, NC and surrounding areas

In business since 1990

Free estimates

"Larry Tollen is an experienced real estate professional, who was my agent in selling my first townhouse, as well as the purchase and recent sale of my second townhouse. Both homes sold in less than 30 days! Larry truly understands all aspects of the home buying/selling process. In particular, his advice on the pricing and marketing for the two townhouses I sold was invaluable, as was his experience in negotiating contract terms and home inspection repair requests. Larry’s extensive experience in the Triangle housing market was also invaluable, so much so that I quickly learned to trust his opinion of the homes we viewed. Larry treats his clients like family and always makes himself available for questions, updates, etc. Overall, I have been incredibly pleased with Larry and cannot thank him enough for helping me to buy and sell my previous homes. I plan on working with Larry for all future home purchases. If you are in doubt, let me reassure you that you are in good hands with Larry."
Chapel Hill North Carolina
Durham North Carolina
Duke University Cathedral
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

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

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The Durham, NC homeowners’ guide to property appraisals

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