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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
47
)
Appraisal - Real Estate

Serving Drummond, WI and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1499 neighbors recently requested a quote
Property Appraiser questions, answered by experts

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

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.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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 Drummond, WI homeowners’ guide to property appraisals

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