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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Erwin, NC and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Appraisal Works, Inc.
New to Angi
Appraisal - Real Estate

Serving Erwin, NC and surrounding areas

In business since 2006

Appraisal Works, Inc., is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 13 years of hands on experience, to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with.

Mangum Appraisal Company
New to Angi
Appraisal - Real Estate

Serving Erwin, NC and surrounding areas

In business since 1980

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions.. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n\nAsset division for situations like a divorce\n\nDeciding on a listing price for your property\n\nTax Challenges (reducing property taxes) if you live in an area where house prices have declined\n\nDetermining market value on real estate related to a bankruptcy\n\nFiguring out the value of home improvements you may have done or are deliberating\n\nRetrospective appraisals\n\n

Avatar for The Adaero Group LLC
The Adaero Group LLC
New to Angi
Appraisal - Real Estate

Serving Erwin, NC and surrounding areas

In business since 2015

Free estimates

Small jobs welcome

We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety, and quality, regardless of how large or small the job.\n

Response time40 mins
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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.

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.

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.

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

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.

The Erwin, NC homeowners’ guide to property appraisals

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