Real Estate Appraisers Gainesville GA

Real Estate Appraisers in Gainesville, GA. Find addresses and phone numbers of local business and services that provide access to Real Estate Appraisers in Gainesville, GA.

Deborah Purdy
(770) 781-8059
69 Winterhawk Cove
Dawsonville, GA
Membership Associations
ASP, CRS, GRI, ABR, SRES

Data Provided By:
Carolyn Watters
(678) 643-1731
2209 Sharon Rd.
Cumming, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Barbara Kalina
(770) 614-1365
2798 Hidden Falls Dr.
Buford, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Patsy Overton
(770) 843-2307
1025 Secret Cove Dr.
Sugar Hill, GA
Membership Associations
ASP. IAHSP

Data Provided By:
Barbara Altman
(770) 880-8796
9056 Lexinston Court
Braselton, GA
Specialties
Home Staging

Laura Quinn
(770) 853-8245
2545 Creek Tree La
Cumming, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Diane S. Erdman
(404) 217-4582
6116 Tree Line Way
Hoschton, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Judy VanderVeen
(678) 482-0840
3670 Morgans Ridge Court
Buford, GA
Membership Associations
ASP, IAHSP

Data Provided By:
January Smith
(770) 406-8924
2365 Mayfair Drive
Cumming, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Melissa Smith
(770) 622-2016
3028 Castle Pines Dr
John's Creek, GA
Membership Associations
ASP, IAHSP

Data Provided By:
Data Provided By:

Purpose of a Real Estate Appraisal

A real estate appraisal is needed to determine the estimated market value of a house, condominium, commercial property, vacant land, etc. It is used to assist someone in making a decision. They may be considering purchasing, selling, insuring, or lending money on a house, condo, commercial property, or vacant lot. Appraisals are also used for tax purposes to estimate how much money a property owner has to pay in taxes.

Here's a summary of some of the services a professional real estate appraiser can provide depending upon their qualifications:

  • Residential and Commercial valuation estimates
  • Estate planning and estate settlements
  • Tax assessment review and advice
  • Advice in eminent domain and condemnation property transactions
  • Dispute resolution - including divorce, estate settlements, property partition suits, foreclosures, and zoning issues
  • Feasibility studies
  • Expert witness testimony
  • Market rent and trend studies
  • Cost/benefit or investment analysis, for example, what will be the financial return of remodeling a house, condo, or commercial property
  • Land utilization studies
  • Supply and demand studies

Banks and mortgage lenders need appraisals to assist them in figuring out how much money to lend someone for a mortgage loan application. There are many different aspects of a loan application that the banker has to consider, but mortgage lenders always require an appraisal since the real estate will be the collateral for the mortgage loan.

People get very emotional and excited about purchasing a house. When they're in this highly emotional and excited state, they tend to just look at the cosmetic appeal of a house instead of the important factors. They forget that they're not buying a CAR, they're buying a HOUSE!! There's a big difference between the two. One is a normal expense everyone has to incur occasionally. The other is the biggest financial decision most people will ever make. By becoming too emotionally attached to a deal, people often pay above market value for a home. This can cost them tens of thousands of dollars in an overpriced purchase. Since a house is such a major financial decision, it's prudent for them not to take any chances. People should try to eliminate as much risk as possible.

A pre-purchase appraisal will inform people of the true market value of a house. This will enable them to make an educated and intelligent decision on whether or not to purchase the home. They will also know the approximate amount to pay for it.

Pre-sale appraisals are recommended. Before someone puts their house up for sale they should have it appraised to estimate the true market value. This will prevent any last minute holdups because of problems found during the buyers' bank appraisal. Any last minute problems will delay the sale or kill the deal altogether.

Homeowners can hire an appraiser to do a feasibility study to assist them before starting home remodeling and renovation work. The appraiser conducting the study analyzes the condition of the property and the cost of the renovations. The appraiser will then prepare an estimate of what the property's value will be after the improvements are made (the improved value will affect the ad valorem real estate tax). This information will enable the homeowner to not spend too much or too little money with the renovations. The appraiser can also investigate whether a property qualifies for historic preservation benefits from Federal and local governments.

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