Certified Home Appraisal

Alwys Use a Lenders's Approved Appraiser.

What's included in this package?

• Appraisal of home you plan to purchase using several methods.
• Comparables of homes recently sold, similar to yours
• Condition of home compared to others that recently sold.
• Appraisers are supposed to be honest, but they will rarely appraise a home for less than 1-2% of purchase price.
• Problem is when home cannot appraise for value of purchase price, by at least 5-10%. This means you need to make up the difference in down payment.
• With prices having risen so much in 2021-2023 period, many buyers are surprised that some homes do not appraise as high as rising prices.
• With more buyers than sellers, whoever offers more gets the deal, but if you overpay, you may not get a high enough appraisal.