GARYANDLANA

There’s a growing trend to hire appraisers that are located in different cities and over one hundred miles from you home. If I had the choice, I’d select appraiser within fifty to one hundred miles from your home.

If you hire appraisers in your community, most likely the money that you provide to other business will help your community. There are plenty of knowledgeable appraisers innermost market areas. You’ll normally get a better price on your appraisal, if you hire local. The reasoning is that the appraiser won’t have to pay for gas or time to drive from a completely different city to your city.

If your home is assessed at or valued at or around 800,000 dollars make sure that your appraiser is certified and not licensed. Licensed appraiser don’t hold the legal rights to appraise your home at over 1 million dollars, so if you feel your property may be close to 1 million, use a certified appraiser.

Make sure your real estate appraiser has access to the correct Multiple Listing Services (MLS) database. This is a more important question than if the appraiser is familiar with your market area, because if they don’t find the comparable sales in MLS, most likely they’ll not use them and this may make a significant difference to your home value.

In conclusion, hire a local appraiser since this will benefit your community. A local appraiser will understand your market area better than an appraiser from a different area. This may not lead to more value or less value, but should give you a better probability of receiving a better product. Make sure the appraiser has access to the correct database or information to find and compare homes in your market area.

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