Frequently Asked Questions

Each county has a tax appeal process to go through to reduce your appraised value and your property taxes.

Mortgage lenders have a formal appeal process to go through to complete a rebuttal of the appraised value which includes up to four or five comparables and reasoning for a higher estimated value.

Create a list of recent improvements that have been done to the home in the last 3-5 years.

A home could have a lower appraised value compared to nearby homes due to its inferior condition, deferred maintenance, or lack of updates.

Location, Living Area, Condition/Updates, and Garage/Bedroom Count.

The bedrooms or bathrooms which are located in the finished basement area not included in the above grade bedroom/bathroom count . These bedrooms and bathrooms are taken into consideration in the below grade finished basement portion of the appraisal.

The bedrooms or bathrooms which are located in the finished basement area not included in the above grade bedroom/bathroom count . These bedrooms and bathrooms are taken into consideration in the below grade finished basement portion of the appraisal.

A buyer, seller, loan officer, real estate agent is not able to chose the appraiser for a specific real estate transaction which is for mortgage loan purposes.

The estimated value should be the same for either conventional of FHA appraisal. A FHA appraisal may have some property requirements to meet FHA/HUD property guidelines.

Appraisers are required to bracket the features of the subject property. An appraiser can’t ignore the nearby comparables that are good indicators of value.

Kitchen, bathroom and decor updates/remodeling have the most impact of value.