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Qualified Home Appraisers
Property Appraisers in Fresno County
Determining your home's local market value is vital when it comes to settlements or selling your house. Our appraisers live and work in Fresno County and Madera County.
Our clients are individuals like you, needing help in Estate Settlements, Probates, Trusts, Buyers, Sellers, Divorces, Disputes, and Bankruptcies (Ch.7, Ch.13). We appraise homes, land and multi family properties throughout Fresno County and Madera County.
How can an Appraisal Report help me?
There are several advantages you gain with an appraisal. The most notable, peace of mind and knowing how much your home is worth.
When is a professional appraiser needed? Settling estates, selling, probates, trusts, filing bankruptcy, immigration valuation, or divorce settlements.
Let's look at a recent appraisal order----
We were contacted by out of town estate executor who recently lost his mother.
He needed two types of valuation #1 Date of Death, past and #2 Market Value, today's for resale purposes.
Our client received several offers after his mother passed away - you may know the kind. Postcards " Will pay cash for your house", letters on yellow pads " we will buy your house" the list goes on and on. These buyers are typically flippers. They see a death or an out of town owner and hunt them down. They pay as little as possible, put some lipstick on a home (paint) and bang a "For Sale" sign goes up. Granted some flippers do an amazing job bringing back life to an often neglected home, they still want to pay as little as possible.
"Date of Death"
Retrospective appraisal, uses the date the loved one passed away. Effective Date.
Market value is the most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:
Using past sales and data we developed a retrospective (date of death) valuation. Recent sales were used to develop home's current value and marketing time. .
The happy ending to the story, the selling price was higher than "CASH NOW" offers and his mom's home was purchased by a first time home buyer who love the house.
I have questions, can I call?
Yes, by all means call us. There is no charge for speaking with an appraiser. Ask us questions. Websites are great but when it comes to asking questions there are times when you need to speak with a REAL person. So, if you have questions, give us a call. #559-761-2370
How Do I Get My House Appraised?
The easiest way to order an appraisal is by calling our office. Your call will be answered by a qualified licensed appraiser. There is no charge to speak with an appraiser and you are under no obligation to order a appraisal report.
How Long Does an Appraisal Take?
Most residential properties are completed within one week from inspection. Unique homes, retrospective & "Date of Death" appraisals may require additional time for research.
How Do You Estimate a Home's Value?
An appraisal is a type of investigation into the law of probabilities with respect to valuation. Through our experience, training and integrity, our appraisers are able to project the activities of buyers and sellers in the marketplace into an estimation of value. In reaching a conclusion, comparison of features usually involves adjustments due to the individuality and uniqueness of each. The opinion of value is the result of a thorough processional analysis of a vast quantity of data.
What is a Date of Death Appraisal?
Definition "Date of Death" / Retrospective Value is generally defined as:
“A value opinion effective as of a specified historical date. The term does not define a type of value. Instead, it identifies a value opinion as being effective at some specific prior date. Value as of a historical date is frequently sought in connection with property tax appeals, damage models, lease renegotiation, deficiency judgments, estate tax, and condemnation. Inclusion of the type of value with this term is appropriate, e.g., “retrospective market value opinion.”
Source:Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th ed. (Chicago:Appraisal Institute, 2010).