What is the purpose of an appraiser?

So I pose the question to you – do you know when or why you would use an appraiser?

If you said that the bank uses an appraiser when they are going through the loan process, you would be right.

If you were paying cash for a property, wouldn’t you want to know that the property value is going to appraise for the amount that you are paying,.  You would want the purchase and sale to say that it should appraise at or above the accepted offer price.  Right?

What about when you are going to do some major renovations to your home?  Did you ever think about calling in an appraiser to review the intended renovation and make sure that it makes financial sense to the final anticipated value (after the renovations are made).  You may find that certain renovations, while you might think they are worth, really don’t add to the value.  It is an opportunity for a second opinion so to speak before you start paying money out of pocket.

If you need a referral for an appraiser, email me at joan@woodsre.com

If you are thinking about putting your house on the market, or need a value for your insurance company, or perhaps for a divorce situation or an estate situation, email me at joan@woodsre.com or by cell 978-376-3978

Joan Parcewski, Realtor and Notary at Woods Real Estate

Woods Real Estate   655 Boston Rd Unit 6A  Billerica MA 01821

O 978-262-9665    C 978-376-3978   joan@woodsre.com

MRP (Military Relocation Professional), SRES (Senior Real Estate Specialist), LMC (Loss Mitigation Certified), SFR (Short Sale and Foreclosure Resource), CDPE (Certified Depressed Property Expert), CIAS (Certified Investor Agent Specialist), GREEN, E-Pro, GRI (Graduate Real Estate Institute), CBR (Certified Buyer Rep)

YOU are my Top Priority. Investors, Buyers, Sellers, Landlords, Tenants, Vacation Properties. Let’s work together to open the door to YOUR dreams

 

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