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How do I get an appraisal on my house?

Asked By Eric R. | Taos, NM | 419 views | Working With An Agent | 1 year ago
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123 Answers
Chris Yochum

Dickson Realty

(19)

When selling a home, usually the buyers lender will order an appraisal which is often an expense of the buyers. If getting an independent appraisal you can just google appraisers in your area to order one.
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17 Answers
Nicole Parker

Dennis Realty & Investment Corporation

(17)

You can look up local appraisers in your area, give them a call and hire them to appraise your home for you. You should get results within a week or two, depending on the market in your area, and how busy your appraiser is.

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More Information

  • How do I get an appraisal on my house?


    Appraisal as a buyer:  When purchasing a home, the loan officer will order an appraisal.  The cost of the appraisal process is incurred by the buyer and included in the closing costs.  In order for the loan to be process, an appraisal is required.  


    Appraisal as a cash buyer: It is not necessary to get an appraisal as a cash buyer, since you are not taking out a loan.  However, it is recommended that you get an appraisal so that what you’re paying for the home is in line with the market value.  


    Appraisal as a seller:  As a seller, keep in mind the factors that can affect the appraisal.  It’s beneficial for the appraisal to put your home in the best light and have it cleaned as you would for a showing.  


    Appraisal when refinancing:  If you’re refinancing, the loan officer will order an appraisal.  The cost of the appraisal is rolled into the closing costs for refinancing.  


    Appraisal for your knowledge: If you’re curious about your home value or wanting to know the value of your property before you sell, you can order an appraisal.  However, if you’re serious about selling, your real estate agent will also provide a home valuation based on comparable homes in your area.  

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