REASONS TO GET AN APPRAISAL
Every year, countless people in the United States buy, sell or refinance their own slice of the American Dream. Most, if not all, of these real estate transactions include a simple line item for a real estate appraisal. It has become an understood and accepted part of a real estate transaction. "Let's bring in the expert ( a Real Estate Appraiser) and make sure we're not spending too much on this property."
But is this the only reason to get an real estate appraisal? Are there other times when the services of a certified, licensed, independent real estate appraiser professional might come in handy? You bet.
PURCHASE OF A RESIDENTIAL OR COMMERCIAL PROPERTY
One of the most important issues involved in purchasing a property is developing an opinion of what it's worth so that you can make an informed offer to purchase. A professional real estate appraisal report performed by a qualified, state-licensed real estate appraiser can provide you with an objective, third party opinion of a property's current Market Value. And for the small price of this service, you can give yourself "peace of mind" prior to making an offer to purchase that you're offering a fair price for the property.