Whether you are buying or selling a home, it can be a very stressful time and one of the goals of Premier Appraisal is to provide a service that makes the experience as stress-free and transparent as possible.
Most appraisers will come out and measure your home, take some pictures, and ask a few questions. Then several days later you get an email with a PDF of an appraisal report. You‘re anxious to see what value the appraiser has come up with and you open the report only to find that you have no idea what you’re looking at. Most appraisal reports are 20+ pages in length and filled with appraisal jargon and lending terms that the typical homeowner just doesn’t understand.
That’s why it is important to take a different approach to these types of “non-lender” assignments. Not only will be provide you with a reliable appraisal, but upon completion of the appraisal report, we will provide a follow up consultation, via phone, to address any questions or concerns with the appraisal and ensure that it is fully understood and explained:
- We will explain how the report is laid out and where to find the most important information.
- We go through the charts and graphs that have been added to the report and explain the current market conditions and property value trends in the neighborhood and how that affected the value conclusion. The report will not only show an overall view of the market trends, but also give an indication of of the amount of housing supply on the market. We can explain what an undersupply or oversupply of housing stock could mean for the value of the home.
- We can go through the sales used and point out the differences in condition or quality of construction and which features are more desirable and why. We will also provide the listings in the area that the home is competing against and what that means for property values. We also go over where these comparables are located on the map and discuss any location adjustments that were deemed necessary.
- And maybe most importantly,we ask if there have any questions. As you already know, buying or selling a home can be a stressful proposition, and we want to make sure that the appraisal/valuation portion of the process is as stress-free and as easily understood as possible.
This is the portion of the appraisal process that our clients appreciate the most. By taking that extra time to explain the report and answer any and all of questions, we ensure that our clients are satisfied. We want to make sure that the appraisal/valuation portion of the process is as stress-free and easily understood as possible. In working with homeowners, we have found that this is our favorite part of the business. It really allows us to help through this process. This is a much different world than the lender/refinance world where rules and regulations get in the way of who you can talk to and what you can discuss. At a time when everyone is in a hurry to move on to the next job, we think it is important that you find someone who will take their time and make sure all of your questions have been answered.