When Is an Appraisal Needed?
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When Is an Appraisal Needed?

Many people think property appraisals are only necessary for loan applications. However, there are several other important reasons to get a fair, honest, and credible appraisal, including:

  • Providing a negotiating tool for buying or selling property
  • Assessing value before or after renovations
  • Removing PMI insurance on an existing loan
  • Establishing replacement value for insurance purposes
  • Challenging property tax assessments
  • Planning or settling an estate
  • Protecting assets in legal situations (e.g., condemnation, divorce). Having an accurate opinion of value is crucial for making informed decisions. Understanding these reasons can help you choose the right appraisal company. We look forward to assisting you soon.

Contact us today at (479) 530-4420 to schedule an appraisal or to discuss your needs.

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