Buying Home?
If you are the prospective buyer, you will want to make sure you are getting something of real worth in your new home. With the appraisal, you get to see what that fair price is and from there you can decide if you want to spend money on it. If not, you can always reconsider what you want to pay for the property and could decide not to make the deal.
You've found your dream home. The asking price is $300,000 -- an amount you've already been pre-approved for by your bank. But is the home really worth that amount? That's the question at the heart of the home appraisal. The worth, or value of the property, will determine how much a lender is willing to give you to buy that particular piece of real estate.
A real estate appraisal is simply that -- the expert opinion of a certified, state-licensed professional who determines the value of a piece of property. If your $300,000 dream home is really worth only $200,000, then the home is overpriced.
Protect yourself by hiring your own independent real estate appraiser to provide you with an unbiased opinion of the property's value. Only then can you have the peace of mind of knowing that you're not overpaying for your new home.
Investing just a few hundred dollars on an independent home appraisal prior to buying could save you as much as $10,000, $20,000...even $50,000 or more.
Please call us today at (347) 878-8686 to speak to one of our experienced, licensed appraisers. We will gladly answer all of your questions and help you schedule an appointment time that is convenient for you.