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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Springfield, TN and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for Fisher Appraisals
Fisher Appraisals
3.9(
16
)
Appraisal - Real Estate

Serving Springfield, TN and surrounding areas

In business since 2003

"Bobby Fisher Appraisals was excellent and top notch! Bobby was extremely knowledgeable, fair and concise in his report! His expertise and experience shows in his work. Thank you Bobby for being available and answering all my questions at any time! I would and will continue to recommend your services,"
Response time1 day
Recommended by64%of homeowners
Avatar for Music City Home Inspection
Music City Home Inspection
5.0(
3
)
Appraisal - Real Estate

Serving Springfield, TN and surrounding areas

In business since 2015

Free estimates

Credit card accepted

Music City Home Inspection gives you a specified time to hire your own home inspector to check the property out, and protects you from buying a home with serious, previously unknown problems. Your offer should be contingent on the results so that if there are major issues you can walk away from the transaction. If the home inspector only finds minor problems, you also have the option to require the seller to fix them or drop the price.

Recommended by100%of homeowners
Showing 1-10 of 16
Property Appraiser questions, answered by experts

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.

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

The Springfield, TN homeowners’ guide to property appraisals

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