REASONS YOU MAY NEED AN APPRAISAL:
Buying a Home?
Selling a home?
Are you selling your home 'For Sale By Owner' or with an agent? Are you a real estate agent and not sure what to ask for a particular property? I can help.
Are you being relocated by the company you work for? Most likely you will need a relocation appraisal on your home to assist you and your company in the relocation process.
Unfortunately, divorces do occur. If you and your spouse owned a home together, you many need an appraisal so you can buy your spouse's interest in the property.
The loss of a family member is a very difficult time in life and settling an estate from a death often requires an appraisal. Be sure to find out whether you need an appraisal as of the current date or a retrospective appraisal based on the date of death of the owner. Also be sure to let me know if the IRS will be an intended user. If so, you will need an appraisal based on 'fair market value' instead of 'market value'.
Have home prices declined in your neighborhood since you purchased your home? You may need an appraisal to prove to your mortgage company that the value of your home has declined in order to get them to modify your loan.