Real Estate Appraisals in Ardmore, PA
A home purchase is the most serious investment most people could ever make. It doesn’t matter if it’s where you raise your family, a second vacation property or one of many rentals, purchasing real property is a detailed transaction that requires multiple parties to make it all happen.
The Appraising Group will assess the value of the property you need and promptly provide you with a high quality, thorough real estate appraisal in Ardmore, PA. We expertly appraise many different types of residential properties, including single-family homes, condos, townhomes, vacation homes and more. Whether you need an appraisal for buying, selling, refinancing, loans, tax appeal, divorce or something else, you can be assured you’re getting exactly what you need when working with us.
Knowing a property’s exact value is extremely important in a variety of circumstances. Popular websites claiming to know property values may provide a close estimate, but they won’t be exact. The estimate could also be off by as many as tens of thousands of dollars. This is because the data these sites collect frequently contain mistakes that can directly affect an individual property and sometimes indirectly through an entire neighborhood. The best way to get a accurate third party assessment is through a professional real estate appraisal in Ardmore, PA.
We’re here to make your Ardmore, PA real estate appraisal as efficient and high quality as possible.
REAL ESTATE APPRAISAL SERVICES
The Appraising Group provides several real estate appraisal services in Ardmore, PA:
- Appraisals For Buying a House – Mortgage lenders need to make sure the amount you borrow matches the actual value of your home.
- Appraisals For Selling a House – How much should you sell your home for? We can help you get as much as you deserve.
- Appraisals For Divorces – In order to divide assets properly, you’ll need an appraisal.
- Appraisals For Home Equity Loans – An appraisal is necessary to determine if you are able to qualify for a home equity loan.
- Appraisals For Other Loans – If you’re planning on using your home as collateral for a loan, you’ll need to know how much it’s worth first.
- Appraisals For Refinancing – Your mortgage lender will need to know the value of your home before they can grant you a better loan.
- Appraisals For Tax Appeals – An appraisal can help you potentially lower your annual property tax.
Have another need for an appraisal? We can help you there, too.
OUR HOME APPRAISAL PROCESS
The first step of our real estate appraisal process in Ardmore, PA is to perform a thorough inspection of the property in question. We’ll check if everything in the building is present as described and verify its condition.
The next steps of the home appraisal may include a paired sales analysis and a replacement cost calculation. When we analyze comparable sales, we give a lot of consideration to similar properties and their values. We examine every detail and add and subtract value based on certain features. During a replacement cost calculation, we determine a maximum value. For this method, we determine how much the cost would be if your home had to be completely replaced, factoring in labor and material costs. It’s not as common as other parts of our process.
If a certain amount of rental properties are present in the neighborhood, we may use a process called an income approach. We factor in income that the surrounding rental properties pull in.
REAL ESTATE APPRAISAL PRICE
The price range of a real estate appraisal in Ardmore, PA varies. Some of the factors that can influence your cost are location, size of the house, extent of damage to the house, and level of detail involved in the appraisal.
INTERIOR AND EXTERIOR APPRAISALS FOR ARDMORE RESIDENTS
An interior appraisal, otherwise known as a full appraisal, involves a thorough inspection and measurement of the property inside and out. An exterior appraisal, or a drive-by appraisal, is when the home is inspected from the road. There is more room for error in this latter method, but a professional like The Appraising Group can ensure that whichever type of appraisal you need, you’ll get an accurate assessment.
EXPERIENCED ARDMORE HOME APPRAISERS
With something so valuable as a home, you’ll want to make sure you choose a professional, experienced firm for its appraisal. The Appraising Group is that option in Ardmore, PA. We are well-established, reputable and certified home appraisers. When you work with us, you can be assured your results will be accurate and confidential. We don’t take shortcuts–Our methods are thorough and we make no assumptions about a property.
The Appraising Group will work with your schedule. We understand the urgency of your timeline, so we’ll make sure our initial inspection begins as soon as it is convenient for you and that the whole process spans as few days as possible, without cutting any corners. We’ll make sure to complete a prompt report and that the information is easy to understand. We’re happy to answer any of your questions about the process or report.
We have provided real estate appraisals in Ardmore, PA to homeowners as well as attorneys, real estate agents and more. We are ready to help you meet your goals next.