Home Sellers or Selling Agents
Sellers seek a home appraisal that accurately reflects their property's current market value, ideally higher than the asking price, to facilitate a successful sale while minimizing risks of negotiations or deals falling through. Amerappraise Real Estate Valuations provides an accurate appraisal that helps set a competitive asking price that attracts buyers and maximizes profit. Key aspects sellers want include a reflection of current market, a well supported appraisal value to strengthen buyer offers, and transparency with clear justifications for the valuation based on comparable sales and property features. This ensures a fair pricing strategy that benefits both sellers and potential buyers. We will clearly explain the factors used to determine the property's value, including the comparables and any adjustments made. Thoroughly analyzing any and all unique features of the property, such as upgrades, amenities, and any potential issues, to the subject, the comparables and the adjustments to ensure an accurate valuation.​ Sellers should also understand that appraisals are based on appraisal standards like USPAP (Uniform Standards of Professional Practice) and may not always reflect factors like buyer emotions and competition in final sales prices.
Home Buyers-Investors or Buyers Agents
Buyers want an accurate estimate of a property's market value, ensuring they are not overpaying. Our appraisals focus on determining the property's current market value, considering factors like quality, location, condition, size, and comparable sales. Buyers usually want to avoid overpaying and ensure the lender is not over-extending on a loan. We inspect the property's interior and exterior, checking for structural soundness, safety hazards, any necessary repairs, analyzing the quality of construction and condition, roofing, plumbing, and other systems. A positive appraisal outcome requires a detailed inspection report detailing any issues and potential costs for repairs. We will evaluate all home improvements made, especially if they are permanent fixtures like updates and remodeled kitchens or bathrooms, as these can increase the property's value. However, we will only consider improvements if they are permanent and would remain when the property is sold. We use the most recent comparable sales of the most similar properties in the area to determine market value. A comprehensive, easy to read appraisal report will include a meticulous analysis of our methodology, adjustments made for comparable sales, and a precise final estimated value. This transparency allows buyers to understand the basis of the appraisal and make informed decisions.