Why do you need a trusted appraiser?

By Erin VanderHeiden

When it comes to determining the value of a property or asset, having a trusted appraiser can make all the difference. An appraiser is a licensed professional who has expertise in assessing the worth of a property, business, or other assets. They use their knowledge and experience to determine the fair market value of a property based on various factors such as location, condition, market trends, and more.

Here are some reasons why you need a trusted appraiser:

Financial Planning

Whether you are buying, selling, or gifting a property, having an accurate appraisal can help you make informed decisions. An appraiser can provide you with an unbiased and objective assessment of the property’s value, helping you negotiate better terms and avoid any financial pitfalls. In addition, if you are planning your estate or resolving joint ownership, an appraiser can help you divide the assets fairly.

Estate Planning

When someone passes away, their estate must be evaluated for tax purposes. This is where an appraiser comes in handy. They can help you file taxes and divide real estate among heirs based on the value of the assets.

Lending

If you are looking to finance a property, refinance your mortgage, or change your banking institution, an appraisal is necessary. Lenders use appraisals to determine the value of the property, which helps them make lending decisions. An appraiser can help you understand the market value of your property and ensure that you are getting the best terms.

Growthland Appraisers work with a variety of clients, including lenders, attorneys, individuals, and corporations. They are licensed professionals with years of experience in the industry, and they use their expertise to provide accurate and reliable appraisals.

Ordering an appraisal is easy. You can call Growthland’s office, email their appraisal department, fill out an appraisal request form on their website, or stop by their office in person. Once you have ordered an appraisal, an appraiser will contact you to schedule an inspection.

During the inspection, the appraiser will verify property facts and inspect the property to determine its condition. They will then research and analyze the subject property, the current market, and comparable sales to develop the three approaches to value: the Sales Comparison Approach, the Cost Approach, and the Income Approach. The completed appraisal will be transmitted to the client once it is complete.

In conclusion, having a trusted appraiser is essential when it comes to assessing the value of a property or asset. Whether you are buying, selling, gifting, or planning your estate, an appraiser can provide you with an unbiased and objective assessment of the property’s value. Contact Growthland Appraisers today to order an appraisal and get the most accurate and reliable valuation possible.