Buying or Selling a Property Privately
An appraisal is vital in considering or negotiating the purchase or sale price of a home. If you don’t know exactly what your home is worth, how are you supposed to choose a listing price or agree on a sales price?
We have seen many private situations where a home is listed too high and the property does not sell for 6+ months when a typical home in the same neighborhood should sell on average within 30-60 days. Or vice versa, a home is listed too low and sells in one day leaving the home owner lacking compensation for the sale of their home and wondering what if..?
Once we have completed an appraisal for you we will tell you the market value of your home and recommend a list price range, current exposure times and sale price vs. list price statistics etc. Knowledge is power in these situations.
Private Financing (Purchase or Refinance)
Private lenders rely on appraisers to determine the security value of a property. We can prepare residential appraisals on the wide variety of forms that lenders may need specific to the loan collateral being dealt with. This may range from a (2075) inspection report to a detailed 1004 appraisal with “as is” and “as repaired” values based on various marketing scenarios.
If you are a private lender, and need any type of residential appraisal, you can count on our experience and professionalism. We know how to deal with questions that may arise from Realtors, buyers and sellers and will ensure that the confidentiality provision of USPAP be followed very closely.
Marital Dissolution / Divorce
When you divorce, an appraisal of the property held by one or both partners is usually necessary to determine the value of the real estate that will be divided as part of your divorce property settlement. This type of appraisal is commonly called a divorce appraisal. Another common term used for determining the value of property assets, including real estate, during a divorce is divorce valuation of assets.
Are you completing an extensive renovation on your property? If so, we can tell you what your property is worth presently and what the home with be worth once the renovations have been completed.
New Construction Projects
Even if construction has not yet started on your new dwelling, we can tell you what it will be worth once it has been finished based on plans, estimates, site inspection, discussion with the architect, builder and research of similar completed projects.
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. An estate appraisal is required to establish Fair Market Value for the property involved. Often, the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retrospective appraisal with an effective date and Fair Market Value estimate matching the date of death.