Buying a house, land, condominium or other real estate is probably the single largest investment decision you will make in a lifetime. A great number of people are directly and indirectly concerned with your purchase or sale of the home. These people include the real estate agent, attorneys for the buyer and seller, banker and loan officer for the mortgage, and investors. Add to this the factors of changing property values, market trends and laws, and you may find yourself feeling overwhelmed and alone!

The person to call, the person to trust, is the independent appraiser. An appraiser is a professional who can be called upon to provide an opinion on the current value of property being bought and sold. An appraisal could also be used for the future value of a property being built, value for mortgage lending and insurance purposes; value of a property involved in a legal dispute or disposition of an estate, verification of value for damage claims, tax assessment, and establish value of property being expropriated by the government. Because relevant data and sound reasoning substantiate the opinion offered by a professional real estate appraiser, it carries considerable weight.

A lending institution, company, or attorney may hire an appraiser to perform an appraisal for a variety of reasons, but a homeowner may also hire an appraiser to provide an independent and objective opinion of value. Both seller’s and purchaser’s desire a fair deal, neither to be undersold nor overpaid! In addition, homeowners should have to pay only equitable real estate, and not have to continue to pay for private mortgage insurance when their equity has increased in proportion to their homes value! Please see my article regarding the elimination of P.M.I.

Few people buy and sell residential real estate on a regular basis. Consequently, most do not have the talent or judgment needed to consider the utility of the real estate and estimate it’s value in a reliable manner. The purchase or sale of residential real estate may be one of the largest financial transactions a person will ever make, so the services rendered by the professional appraiser are especially significant.

Skyline Appraisal Services, LTD. is committed in providing you with the most accurate value possible at the most affordable price. Our certified and licensed appraiser’s conform to the Uniform Standards of Professional Appraisal Practice (U.S.P.A.P) and will provide you with the best work product in the industry.

Robert Virsinger, CSA-R – Certified Appraiser #