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Avatar for AD Brown Appraisals
AD Brown Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Louisa, VA and surrounding areas

In business since 1995

Free estimates

Offers commercial services

Alan is the leader in providing our customers with the highest quality service in an honest, efficient, and professional way. Our pledge is to create successful relationships with our customers, employees and community by building trust, treating every project with the utmost integrity and exceeding expectations. We look forward to working with you!\n

Recommended by88%of homeowners
AD Brown Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Louisa, VA and surrounding areas

In business since 1995

Free estimates

Offers commercial services

Alan is the leader in providing our customers with the highest quality service in an honest, efficient, and professional way. Our pledge is to create successful relationships with our customers, employees and community by building trust, treating every project with the utmost integrity and exceeding expectations. We look forward to working with you!\n

1 neighbors recently requested a quote
Recommended by88%of homeowners
AD Brown Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Louisa, VA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

"Alan Brown demonstrated exceptional professionalism, thoroughness, and attention to detail throughout the appraisal process. His clear communication, fairness, and deep market knowledge made the experience smooth and stress-free. He delivered a well-researched, accurate report in a timely manner, and went above and beyond to ensure every question was answered. I would highly recommend Alan to anyone in need of a trustworthy, knowledgeable, and dependable appraiser."
Response time5 hrs
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.

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.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

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.

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.

The Louisa, VA homeowners’ guide to property appraisals

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