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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
51
)
Appraisal - Real Estate

Serving Ocean View, NJ and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1426 neighbors recently requested a quote
Avatar for ATP Appraisals, LLC
ATP Appraisals, LLC
4.9(
6
)
Appraisal - Real Estate

Serving Ocean View, NJ and surrounding areas

Approved

In business since 2004

Free estimates

Offers commercial services

We're a reputable appraisal company that specializes in real estate appraisals. We take pride in our ability to exceed expectations in all aspects of business. We look forward to building long-term relationships with our clients, and guarantee your satisfaction.

Response time1 day
Recommended by100%of homeowners
Avatar for Choice Home Warranty
Choice Home Warranty
4.0(
5,678
)
Appraisal - Real Estate

Serving Ocean View, NJ and surrounding areas

In business since 2008

Emergency services offered

Credit card accepted

"This Warranty company is the best. I have properties and I used several warranties companies in the Pass. Choice never, I repeat never try to play the blaming game or find the littlest excuse not to do the job. Three words: They are excellent’"
Recommended by81%of homeowners
Avatar for IzzoNetwork LLC
IzzoNetwork LLC
5.0(
9
)
Appraisal - Real Estate

Serving Ocean View, NJ and surrounding areas

In business since 2017

Free estimates

Emergency services offered

Our managed services remove the hassle of managing your own network. We effectively become an extension of your IT department and you can leverage the latest technology without having to worry maintaining computer systems. This means less overhead and a larger return on your IT investment by addressing day-to-day IT management needs, enabling your internal IT staff can better focus on strategic initiatives

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Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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

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.

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.

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.

The Ocean View, NJ homeowners’ guide to property appraisals

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