Appraisal Overview
It is extremely important to select an appraisal firm that takes the time to devote to analyzing all of the pertinent
appraisal factors as they relate to your property.
Love Appraisal Service appraisals are not just a way of
crunching numbers - they require an intimate knowledge of all sources of information, an understanding of the present trends
in the market, a thoroughness of approach and our well know dedication to communicating the appraisal information in a clear
and precise manner.
In addition, we know how important to you it is to have your appraisal completed and returned
in a timely manner. Our company policy is to complete our appraisals, when at all possible, in less than a week time frame
usually this works out to be 1 to 4 days after the inspection.
An appraisal is a detailed analysis of all the factors
that determine the value of a property including:
- Location
- Condition
- Quality
- Size
- Proximity
to services
- Similar comparable properties
To determine comparable properties, an appraisal typically
includes a review of:
- Sales of similar properties in nearby neighborhoods
- Recent tax assessments
- Replacement
Cost (also known as “cost approach”)
- Comparing sales to determine value
Our resources for
compiling the information needed for your property are available from Northwest Multiple Listing Service, MetroScan and any
number of additional internet websites. We also use the Marshall & Swift Publications along with builders and other contractors.
At the completion of an appraisal, you can expect a comprehensive report that details the information in a format
acceptable to you and your lender or other interested financial institution.
References
Cathi Mahan Action Mortgage 4802 Tacoma Mall Blvd #B Tacoma, WA 98409 (253) 471-5741 sterlingsavingsbank.com | Sam
Suznevich Sumner Home Mortgage 614 Harrison St Sumner, WA 98390 (253) 863-1113 summerhomemortgage.com |
Steve
Knudson Pacific Trust Lending 909 S 336th St. Ste 105 Federal Way, WA
98003 (253) 839-9088 pacifictrustlending.com | Kevin
Eliason Lakeside Mortgage 21006 State Route 410 Bonney Lake, WA 98391 (253) 862-1111 lakesidemortgage.com
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