About AVM’s

About AVM’s

7 facts an automated or non-appraiser valuation won’t tell you. Lenders and brokers using Automated Valuation Models (AVMs) and homeowners using “free online home values” to discover the value of a property should be aware of just what those results aren’t telling them. Whether the house is really there. A computer can’t so much as drive by a house to see if it’s actually situated where it’s said to be, has four walls and a roof, and really is a four bedroom split level rather than a one bedroom shack. Whether or not unique attributes of a property might add to or detract from market price. So a computer produces an approximated property value of $150,000. Did it take into account the sewage treatment facility next door? The railway tracks nearby with trains that blow their whistles each night? The school district? The desirability of its tree lined street versus the next street over? How long ago the house was assessed. Many AVMs and free internet services depend on public assessment records. In many states, for instance, assessments might only be required every several years — the value may be practically three years old in that case. A few states require that an assessed value not enhance beyond a certain percentage, even if sales activity suggests the house or property has appreciated much more. When using an AVM or free online service, you risk a lesser value than reality. What makes the comparables comparable. A computer will probably contrast your subject property to some other property with similar square footage sold 3 months ago a quarter of a mile...
Appraisals for Estate Settlement

Appraisals for Estate Settlement

Appraisals for Estate Settlement by Appraise Colorado Inc The task of settling an estate, while stressful, is not to be taken lightly. It really is your responsibility as a trustee to carry out the plans of the dearly departed as quickly and with as much dignity as you possibly can. You can rely on us to act quickly and with as much empathy to the emotions of everybody in bereavement. Part of Appraise Colorado Inc’s focus is to produce high quality, ethical appraisals that attorneys can depend on. Generally, the parties involved will have various criteria of the way the appraisal process should work; however, our understanding of the estate process will certainly, without a doubt, satisfy all persons involved. In relation to our familiarity in dealing with the legal system and numerous agencies, we construct appraisal reports that certainly outdo all expectations. Contact us at your earliest convenience to talk about your specific estate appraisal requirements and how we can put our business acumen to work for you. Settling an estate typically calls for an appraisal to determine market value for the home involved. It goes without saying that ordering an appraisal is the furthest thought from your mind. Naturally, you need to be there for your loved ones first. Our company is comfortable with the procedures and requirements needed to provide a back dated appraisal having an effective date and market value estimate matching the date your beloved passed on. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the utmost degree of discretion for all persons involved....
Faster Appraisals

Faster Appraisals

Five steps to quicker real estate appraisal turn times If you worked with appraisers a decade ago, you probably know how much technologies have changed over the years. What you might not realize is that there have been many improvements in technology and online business that have enhanced turn-around times on appraisal assignments, and We are making the most of them. Are you making the most of every opportunity you have to speed up the process? Here are some suggestions. Will you be ordering your appraisal online? When using online ordering, you will get automatic email acknowledgments that the job was delivered, and quick, secure .PDF format report delivery. It’s the single biggest time saver available to both of us! And we don’t need to retype info from a fax, and you don’t have to question whether we received the order. Do you think you’re providing complete and accurate information on the subject property? There’s nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. And should you have a tax parcel number, plat map number, subdivision name or anything more that distinctly distinguishes the property, please pass it along. We even welcome lists of recent sales in the area — though be advised that professional appraisers must always do their own research on comparable sales, and ours could differ from yours. Are you letting us know in advance any details about the house or property that might make it extraordinary? Cookie-cutter properties are relatively simple to appraise. What takes some time is studying how special features add to or detract...
For Buyers

For Buyers

Buyer Appraisal Services Consultation Maybe you feel like you don’t need an “appraisal” and yet you’d still like some assistance collecting local property and sales data. We can supply cheap sales and listing reports that will guide you through the labyrinth of raw data. Our reports enable you to make an educated buying decision. We grasp the complexities of purchasing a house and know very well what you are dealing with and will do our best making it easier for yourself by giving you a high quality, professional appraisal that you may depend upon! When you order a report from us, you can expect. . . . Prompt reply to your initial inquiry: we’ll give you personalized information for your specific appraisal need. Simply tell us your circumstances and we are going to make suggestions. Quick turnaround time: Typically one week or less from the date the order is obtained. If you’ve chosen to receive a copy of your appraisal or consulting report via the Internet (EDI), you’ll receive it within MINUTES of its completion. Appraisal and consulting reports formats to meet your requirements: When it comes to appraisal and consulting, “One size does not really fit all!” We offer a number of report types and delivery methods. Express mail not fast enough? We can deliver your report attached to a standard email, or notify you of a website to download your report, the MINUTE it’s completed! Quick reply to follow-up questions: Our reports are clearly written, easy to understand, and meet or exceed the Uniform Standards of Professional Practice that governs the appraisal practice. Should you have any...

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