Accurate Home Appraisal North Pole AK
Residental, Commercial, fha, hud, erc
License Number: AK538
Anchorage, Matanuska susitna
How to Get a Fair and Accurate Home Appraisal
Ways to Get Your Home Appraised Fairly
Recently the mortgage industry came under fire for inflating home appraisal values (in some cases) and undervaluing them in others. Banks have also been criticized for overcharging for bad appraisals by hundreds of dollars, even though the appraisal companies they used were cheap and fast.
The stakes are high: Getting the correct appraised value of your home directly impacts how much you can borrow and what price you can ask for your home when you go to sell it.
How can you make certain you get a fair appraisal of your property when the time finally does come to sell or refinance? Accurate home appraisals are available, but in the end it all comes down to the homeowner to make sure an appraisal is done right.
The following home appraisal tips can help you to make sure your own property gets a fair appraisal that is both accurate and useful:
1 Realize that Rules Don't Guarantee a Fair and Accurate Appraisal
Lenders and appraisal management companies are both required to follow strict rules about how to conduct an appraisal, but that doesn't mean you will automatically get a good one. With so much property being repossessed, refinanced, and sold right now, appraisers are under immense pressure to crank out reports quickly. Appraisers can and do miss things and make mistakes. It's up to the homeowner to thoroughly review an appraisal for errors and/or information that might have been overlooked.