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Wendy Fitzgerald
2.8(
2
)
Appraisal - Real Estate

Serving Aiken, SC and surrounding areas

In business since 2004

CSRA Residential Appraisals knows what real estate is worth in Aiken, Edgefield and Barnwell Counties in SC as well as Richmond and Columbia Counties in Georgia.\n \n Contact us at 8036420178 to talk about your real estate appraisal needs today. \n\nAs a licensed appraiser, I posses the training and credentials to generate the level of reliable real estate value opinions that banks and top lending institutions need for mortgages. And with years of experience that only comes with doing the job, I am more than ready to help our clients with practically any type of real estate.\n\nHere are the types of valuations I do in addition to mortgage appraisals:\n.\n• Setting a home's listing price\n\n• Removing Private Mortgage Insurance\n\n• Tax Assessments (reducing property taxes)\n\n• Increasing your HELOC (Home Equity Line of Credit)

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

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

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.

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.

The Aiken, SC homeowners’ guide to property appraisals

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