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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
63
)
Appraisal - Real Estate

Serving La Luz, NM and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The work was performed extremely capably and produced an evaluation that should stand me in good stead as I appeal an excessive property tax revaluation. Akrivis provided me with an accurate, well documented report and took only seven days to do it. I am very pleased."
Restaurant
Response time5 hrs
Response rate89%
1298 neighbors recently requested a quote
Real Estate Agents questions, answered by experts

A new gravel driveway—and accompanying landscaping around it—can boost your curb appeal and overall property value. On average, a newly paved driveway can boost your property value by 5–10%.

Yes, mixing siding types will affect your home value, and in most cases, it will improve curb appeal and add to the value of your home. This is especially true if you get the benefit of the high-end appearance of brick or stone siding but save on siding costs by covering most of the exterior with more affordable vinyl or fiber cement.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

By increasing square footage and functionality, resale appeal is enhanced.

If a home's appraised value comes in lower than the offer price, it can create complications with financing. Lenders typically won't issue a loan for more than the property's market value, as this can push the loan-to-value (LTV) ratio too high and may prevent the loan from being approved. Your options depend on whether your purchase agreement includes an appraisal contingency. If there is no contingency, both parties may be locked into the deal, meaning the buyer pays more than the appraised value. If a contingency exists, the buyer can usually renegotiate the price or withdraw from the deal. If a buyer still wishes to proceed, they can try to negotiate a lower price, increase their down payment to cover the difference, or get a second appraisal.

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