Residential Appraisals for your Home, Land and/or Farms. Call, fax or email us for your Residential, Land and/or Farm Appraisals.
We are currently performing Appraisals in the following counties:
Mecklenburg, Cabarrus, Union and Stanly.
We use state of the art appraisal software which allows us to use digital pictures, maps, plats, sketching and signatures. This
also allows us to email the reports to our clients, saving 1 to 2 days over the U.S. Postal service. These emailed reports are
secure and can not be changed, but can be printed as many times as the client needs.Main Services offered:
URAR Full Appraisal.
2075 Desktop Property Inspection.
2055 Desktop Quantitative.
Y2K Land Appraisal.
2000 Field Review.If you would like us to Appraise your Property or
have any questions.
Please contact us by clicking on the link below and
filling out the contact information:
Following is a Faxable
Appraisal Order Form
for your use.
Below are links to the NC Appraisers Act,
the NC Mortgage Banking Law and
The Appraisal Subcommittee (National Registry).
Why an Appraisal?One way of determining a home's value is through a home appraisal. This method is used mainly by lenders before they decide to make a mortgage loan. If the appraised value of the house does not meet the lender's requirements, it can affect the buyer's loan and potentially the deal itself.Sellers (and buyers) normally use comparable home sales, not full-fledged home appraisals, to assess the value of a home. One good reason is that comparable home sales, or "comps," are usually available free of charge from local real estate agents or even online. Sellers can easily obtain a full Comparative Market Analysis (CMA) report from a real estate agent that analyzes comps and recommends a home value.However, there are a unusual situations where comps or a CMA may not be adequate for a seller to confidently set a home's value. In such cases, sellers might consider ordering a home appraisal themselves. Costs for home appraisals generally are in the $250 to $500 range.When are appraisals helpful for sellers? It is important for sellers to have an expert opinion about their home's value before going ahead with a certain asking price. Sellers may want to consider ordering an appraisal if the usual market research fails. Suppose, for example: There are no comps. Perhaps no home in the neighborhood has been sold recently. Or maybe the home is one-of-a-kind — a bungalow amongst mansions, or a Victorian on a street of ranch homes. The home's value is disputed. Sometimes co-owners disagree over their home's value when they are setting a price, this is common in Estate Settlements, Also, buyers and sellers interpret comps radically differently during negotiation. As another opinion, a home appraisal can settle these sorts of disputes. It's important to realize that an appraisal is only another opinion and that appraisals can differ. However, since most states regulate appraisers and specific methods are followed to arrive at a market value, an appraisal is a much more thorough analysis than a CMA. Please check with your legal advisor regarding whether you must disclose to the buyer that an appraisal report for your home has been obtained.What happens during an appraisal? During an appraisal, a licensed professional inspects the home, assessing square footage, condition, and features. The appraiser usually analyzes comparable home sales and, after factoring in knowledge of the immediate market, assigns a value to the home.Remember unlike a Real Estate Broker a Appraiser will make an independent assessment of your Property without worry as to whether or not they will or will not get a listing.As in most States, North Carolina requires all Real Estate Appraisers to be Licensed and also require continuing education as a requirement to maintain license.© Copyright 2001 Townsend Real Estate. All rights reserved.