Unlock the equity in your home with our specialized HELOC appraisal services. Our certified appraisers conduct thorough evaluations to determine the current market value of your property, ensuring you get the most accurate assessment possible. Whether you're planning home improvements, consolidating debt, or funding other major expenses, our HELOC appraisals provide the essential information you need to access your home's equity confidently.
Before getting too specific, the appraiser will make broad observations about the house, such as the materials utilized throughout, the state of the building, and any concerning physical features that would affect its suitability for habitation. One of the first things appraisers check for is this! They will take note of anything that appears to be structurally questionable or dangerous to live in. They will also look for things like broken faucets, missing door handles, and other maintenance-related problems as well as the general care of the house. They won't pay attention to how clean the house is, but they will search for indications of abuse, such as ripped carpeting, shattered windows, damaged flooring, damaged appliances, cracked walls, and broken doors.
Assessors will consider where the house is situated. The location of the home will be taken into account by the appraiser while performing the appraisal. A home's value is significantly influenced by its location. They will evaluate the house's closeness to good schools, its safety record, and its distance from a hospital, a fire station, and a police station. They will evaluate the home's closeness to owner-occupied homes, renter-occupied homes, and foreclosed properties as well as its location on a major road. They will also take note of whether it is in an urban or rural area or a suburban community. Homes will be valued significantly higher than in less desirable areas in places
The age of the home is one factor that many people overlook when considering an appraisal. Both new and old homes have benefits and drawbacks, so a home isn't necessarily guaranteed to appraise just because it's new. While newer homes may have issues, older homes are often kept up better and are sometimes found in historic areas. Nevertheless, the appraisal procedure will take the age of the house into consideration. properties built more recently are always valued greater than older properties.
The interior of the house is often the area where the appraiser invests the most time. A home's structure and general condition are evaluated by an appraiser. They often start by determining the amount of bedrooms and bathrooms as well as whether or not there is a basement, attic, or crawl space when evaluating a home's interior. The foundation style of the house will be noted, and the materials used for the walls, windows, and floors will be evaluated.
They usually don't focus as much on the home's appearance, although they will notice if it's very dilapidated. They will inspect the walls, ceilings, doors, windows, leaky faucets, and any apparent electrical problems.
A house appraiser will spend time inspecting the home's exterior to make sure the structure is sound. They will search for any indications of water damage or other issues, such as a cracked or sagging chimney (which could signify structural damage), an uneven porch, or uneven stairs leading up to the house.
The value of your home will also be significantly influenced by the condition of the roof. The appraiser will evaluate the roofing quality of the home because damaged roofs lead to infestation, leaking, and other issues. Speak with your real estate agent if you are aware of roof issues with your house before shelling out tens of thousands of dollars to fix them.
The appraiser will take note of any newly renovated areas of the home, particularly the kitchen and bathrooms. Additionally advantageous are any eco-friendly features of the house, such as energy-efficient equipment. A fireplace, a porch, a patio, or a fence around the house will also be noted.
While some house upgrades increase a home's value, others do not.
Your home can be worth more if it has central air conditioning rather than individual air conditioners in each room. In addition, the appraiser will determine whether your heating system uses electricity, gas, or oil and will make a note of any outdated heating and cooling equipment.
Any extra improvements to the house, including fresh hardwood floors, a new front or back door, a new roof, etc. can add to the value of your home.
CMH Appraisals offers quality, quick, independent equity appraisals. We are located in Davison, MI, have been in the business for 47 years, and have two FHA-approved residential appraisers available Monday through Friday and by appointment during weekends. We specialize in equity appraisals
for residential single-family/condo, new construction, manufactured/modular homes, vacant land, and multi-family properties. We complete equity appraisals
for lending institutions, mortgage and loan companies, home owners, attorneys, bail bondsmen, and realtors. Any time the value of your home or other real property is being used to make a significant financial decision, equity appraisals
help. If you're selling your house, equity appraisals
will help you determine a price that maximizes profit and reduces time on the market so be sure you're not overpaying by commissioning an independent for appraisals.
Expert, unbiased testimony, and consulting services.
Accurately determine the value of your client’s real estate property.
Help sellers list their property at a fair price to sell their properties faster.
Do you feel like you’re overpaying property taxes? Hire an appraiser.
Do you want to eliminate PMI from your monthly mortgage payment? Hire an appraiser
We provide expert accurate appraisals in tax appeals, fair market value, divorces and estate divisions.
Reliable, dependable appraisals, every time.
We appraise all residential property types, including single-family homes, condominiums, townhomes, new construction, vacant land, manufactured HUD code homes, modular BOCA code homes along multi-family properties. We cover all of Genesee, Lapeer and Tuscola counties and cover parts of Livingston, Saginaw, Sanilac, St. Clair and Oakland counties.
I went on Google to give you a review but I didn’t see anywhere to post it. I just wanted to thank you for coming to our house in Millington and doing the appraisal! I was happy with your service. I wanted to say that I appreciate your professionalism and how you came here and you were friendly and helpful. I have had a few appraisals and the guys were very rude and treated me like crap. Your service really stood out!! I would love for you to do the appraisal at our new house!! Again thank you for your service!
I (LOAN OFFICER) was talking with the builder yesterday and he had mentioned how he ran into you while you were inspecting his new build home and complemented your professionalism and how quick and efficient everything has been going. I just wanted to let you know. Thank you for being the best!
We offer quality, quick, independent appraisals within the counties of: Genesee, Lapeer and Tuscola counties, and parts of livingston, Saginaw, Sanilac, St. Clair and Oakland counties
© 2023 All Rights Reserved | CMH Appraisals