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Avatar for Cox Appraisal Service, Inc.
Cox Appraisal Service, Inc.
4.4(
7
)
Appraisal - General

Serving Stem, NC and surrounding areas

In business since 1991

Free estimates

"Jim Cox was fantastic! He came out to appraise the property, and the whole process was smooth and professional. Jim?s expertise and attention to detail really stood out. We felt confident and well-informed throughout the entire experience. Highly recommend Jim for anyone looking for top-notch service. Thanks, Jim!"
Response time1 day
Response rate85%
Recommended by33%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

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

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.

The Stem, NC homeowners’ guide to antique and jewelry appraisals

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