To get a property appraisal in Dallas, hire a professional appraiser who specializes in the type of property concerned. Generally, a residential home appraisal comes in higher than the associated property tax appraisal, but should be close to the values of comparable homes in the neighborhood.Continue Reading
An appraisal is one step in ensuring the owner gets the best price when selling a property. When hiring an appraiser, ask about the professional’s qualifications. Licensed appraisers in Dallas must have 2,000 hours of experience, 90 hours of classroom time, and must pass a state licensing test. Certified appraisers spend an additional 30 hours in classes and have an additional 500 hours of experience. Most appraisers have this information available in a brochure and are willing to give to potential customers.
If the appraisal is requested by your bank or mortgage company, ask for your own copy as well. Even though homeowners are responsible to pay for the appraisal, they do not always get a copy of the report. However, the law requires the appraiser to give the homeowner a copy if he asks for it. Take the time to look over the appraisal, and make sure it provides an accurate portrayal of the home.
If the appraisal seems out of line, it is sometimes worthwhile to hire a second appraiser. Property appraisal is not exact, and some appraisers see value in features of a home that others see as ordinary.Learn more about Real Estate