Home Appraisal Fayetteville NC
Are you looking for professional real estate appraisers in Fayetteville NC?
Triangle Appraisal Group (TAG) has a team of well-experienced real estate appraisers that are knowledgeable in the local real estate market of Fayetteville. We help homeowners, real estate agents, and prospective buyers better understand the value of a particular property.
Whether you are selling, buying, or refinancing a property- or simply want to know the value of your property, you have come to the right place! With 20 years of experience and FHA-approved services, TAG is the leader in the property appraisal industry.
Home Appraisals Process Explained
A home appraisal is a written report that aims to assess and determine the value of a property. The property’s value will be based on but not limited to location, size, condition, and comparable sales nearby.
During the appraisal process, they will conduct a thorough review of the home, including an inspection of the property and an evaluation of its condition. TAG’s team of certified appraisers, who are professionally licensed to assess real estate values in Fayetteville, will walk you through the entire process.
After the appraiser has completed the review, they will produce an official appraisal report, with particulars that assist homeowners with selling, buying, or refinancing properties.
Benefits of Having a Home Appraisal in Fayetteville, NC
What are the benefits of professional home appraisals? And in which cases is a home appraisal required?
Banks and other lenders will require an appraisal to establish the current value of their homes when looking to refinance their mortgages.
Selling or Buying a Home
An appraisal is essential when selling or buying a home to determine its value. A certified home appraisal prevents overpaying or underselling.
Property Tax Assessments
One may require an appraisal, which can potentially reduce the tax burden and confirm the actual value of the real estate.
What Do Home Appraisers Consider?
Appraisers take multiple factors into account during the inspection process:
- The general living conditions of the home.
- The number of bedrooms.
- The functionality of the home systems
- Any visible damage or issues.
- Home improvements and upgrades.
- Noticeable fixes.
- Major remodels.
- Unique additions and features.
Any home improvements completed increase the value of the home. Real estate appraisers will look at both internal and external renovations, as well as upgrades to the garage or installations in the yard.
They will also consider other properties, such as the ones within close proximity (typically within a mile) that are comparable to the house being assessed in size, age, and other features. These comparisons provide context and uniform standards, which helps to establish a range of real estate values for the home.
How Much Does A Home Appraisal Cost?
The cost of a home appraisal in Fayetteville NC can vary depending on:
- The size and location.
- The type of appraisal required.
An appraisal is generally paid for by the buyer, seller, or lender, and can also be incorporated into closing costs for a mortgage or refinancing transaction.
Why are Home Appraisals Important?
Real estate appraisers are essential in that they establish the true value of a property for various transactions to take place. From equity split to the real estate industry, home appraisers perform a key role.
In the event of buying or selling a house or refinancing a mortgage, a real estate appraisal is mandatory. However, a certified home appraisal report is highly beneficial for several reasons.
Overpaying for a property is a costly mistake that is a massive financial setback the same as it would be underselling a property. Home appraisals will give the information to make sound decisions based on the value of your home.
Why Choose Triangle Appraisal Group?
TAG has both regional and local knowledge of the real estate landscape. This includes the different types of real estate such as townhouses, starter homes, trade-up homes, and luxury and unique homes.
With 19 years of appraisal experience, we form part of an inner circle that is made up of the top real estate agencies, brokers, and agents in Fayetteville. Together we have been serving the communities of Cumberland County.
We Offer The Following Types of Real Estate Appraisals
TAG offers FHA-approved, certified home appraisal services, specializing in the following appraisal types.
- Residential Appraisals
- Manufactured home Appraisals
- Rental Property Appraisals
Real Estate Appraisal in Fayetteville, NC
With TAG, homeowners are guaranteed accurate and unbiased appraisal services for residential properties.
Proudly Serving Those Who Serve Us
At TAG, we offer our military-affiliated clients a 5% discount on certified home appraisals.