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Avatar for Bodine Appraisal Services
Bodine Appraisal Services
5.0(
2
)
Appraisal - Real Estate

Serving Newark, TX and surrounding areas

Approved

In business since 2015

Free estimates

Small jobs welcome

"I am an attorney, and as part of that, I have hired them on behalf of my clients more than once. With those being the stakes it is critical that the appraisal be accurate and held to a very high standard. I am glad to have found Bodine Appraisal Services and Jason Bodine because they have consistently provided expertly done appraisals, on-time, and with excellent professionalism to boot. I will hire them again without hesitation and I can similarly recommend them."
Response time2 hrs
Recommended by100%of homeowners
Avatar for The Matt Hilton Group- Step Up Realty
The Matt Hilton Group- Step Up Realty
5.0(
12
)
Appraisal - Real Estate

Serving Newark, TX and surrounding areas

In business since 2006

"My experience with Hilton Realty Advisors was fine. They will actually tell you what's appropriate as opposed to what you want to hear and I respect that. They were very knowledgeable."
Matt's New Headshot
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The Newark, TX homeowners’ guide to property appraisals

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