Home Buyers

Why Buyers should get an Appraisal:

  • In the current real estate market of rising home values and limited inventory it is a good idea to obtain an appraisal before entering into a purchase agreement. An appraisal will provide you an unbiased estimate of the market value of the property.
  • An appraisal is an effective tool when bargaining.
  • An appraisal provides you with factual data regarding the value of the property.
  • Real Estate brokers and agents get commission paid based on the price paid for the property - the more you pay for the property, the more commission they make.
  • Generally you will need an appraisal done to obtain a mortgage when purchasing a home. If you enter into a purchase agreement and are overpaying for the property, the appraisal you get done may not come in at the value you paid for the home.

If you need more information or would like to order an appraisal, please contact our office.