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Avatar for Village Appraisal Ltd.
Village Appraisal Ltd.
0.0(
6
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Appraisal - Real Estate

Serving Stryker, OH and surrounding areas

In business since 2000

Free estimates

Credit card accepted

I have been providing the highest quality appraisals reports since 2005. Village Appraisal Ltd. strives to provide the highest standards of professionalism throughout the appraisal process. As an Ohio Certified Appraiser, it is my highest priority and commitment to excel in the adherence to the standards set by USPAP, as well as the industry standards. I also have a solid base of experience in complex and unique properties, as well as high value appraisals. I am here to help, when others will not. \n\nI am pet friendly as long as your pets are friendly to me. I am a mother, no need to pick-up all the Legos! I am flexible and will arrange my schedule around a time that is convenient for you. Thank-you for considering Village Appraisal Ltd. for your appraisal needs. \n\nMy fee for most appraisals is $450.00\n\n\n

Response time40 mins
Response rate100%
Recommended by83%of homeowners
Property Appraiser 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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The Stryker, OH homeowners’ guide to property appraisals

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