Get an appraiser to find the value of your home.
Real estate appraisers are trained to evaluate conditions that affect market values for an assortment of property types. To obtain the fair market value for a house, land or commercial property, a real estate appraiser is hired to complete a property inspection. Generally, an appraiser is hired for purchase or refinance transactions. Appraisers are also hired to prepare an opinion of value for estate, divorce and auction sales. Some appraisers supervise the work of others, while an assistant appraiser can acquire training to become a general appraiser or certified residential appraiser. Each state has different experience and educational requirements for real estate appraisers who you might hire.
Instructions
1. Locate a real estate appraiser who is familiar with your area. Find an appraiser using online sources and local phone directories. Ask your neighbors about appraisers who provided satisfactory services for them or contact a real estate appraiser to get a referral for an appraiser who you can hire.
2. Contact an appraiser to determine if he has completed work in your market area. Ask an appraiser about local factors that contribute to the overall market conditions for your property type.
3. Ask an appraiser about his license type and years of experience. Request the name of the licensing division for your state to verify the appraiser's credentials.
4. Get the appraiser to provide the costs for an inspection and the estimated completion time.
5. Hire a real estate appraiser who is qualified based on your research and recommendations from your trusted sources.
