Why Get an Appraisal?

There are several reasons why you may need or want to get a home appraisal, including:

Pre Sell or Purchase Decisions...

Before you decide to sell or purchase a home, you must decide on the value of the property.  If you are the seller, you may want to find out the appraised value of a property in order to decide whether it is worth looking at completing renovations or updates prior to the listing the property. 

If you are the buyer, you may want to have someone uninvolved with the transaction to assist you in determining whether or not you are paying too much (or too little) for the property.

Estate Planning –

The loss of a loved one is a difficult time, and often this sad event is complicated by difficult decisions regarding the disposition of the estate.  Settling an estate usually requires an appraisal opinion to establish fair market value for the residential property involved. 

Divorce Settlement –

Finalizing a divorce involves many decisions, including property disposition.  There are generally two options: the house can either be sold and the proceeds divided, or one party can buy the other party out. In either case, one or both parties should have an appraisal of the residence.