Appraisal services for home sellers - Brian J. Davis and Associates

My Home Page Homeowner Services Online Data - Reports Why get an Appraisal

If you are going to sell your home you would be wise to invest in a professional appraisal. Professional appraisals do not cost money, they pay in the long run! Unless a homeowner studies real estate values on a day to day basis, like a professional appraiser does, it's difficult for them to get a handle on real estate values. We are not talking about how much you have invested in your home, how much you paid for it, or how much you want for it. We are talking about the true market value of your home.

"An overpriced home will not attract buyers, which means no offers and no closing and that you have wasted valuable time, money, and efforts."

Many people are surprised when they find out that the market value of their home is much more than they thought, so investing in a professional appraisal actually allowed these people to receive several thousand more dollars than they thought they would when their home was sold. Others have an inflated opinion of their home's value and an appraisal helped them to realistically price their home in order for it to sell. An overpriced home will not attract buyers, which means no offers and no closing and that you have wasted valuable time, money, and efforts.

In addition an appraisal will help you by pointing out needed repairs and visible deficiencies in the property which will allow you to correct these items before placing it on the market. It is very hard to be objective about your own home because of your emotional attachment to it. A Professional Appraiser is objective and will tell you what you need to know, not just what you want to hear.

For-Sale-By-Owner (FSBO)

Homes that are listed for sale by the owner, without the assistance of a real estate agent, are known as FSBOs (pronounced FIZZ-BO). Selling your home "on your own" will require a significant amount of "homework" if you're going to do it right.

It's very hard to be objective about your own home because of your emotional attachment to it. One piece of advice that is consistently given by the experts in selling your home FSBO . . . .

Do NOT "Overprice" Your Home!

In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much it is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value opinion than yours.

Maybe you feel like you don't need an "appraisal" but you'd still like some help gathering local property and sales data. Our reports help you to make an informed buying decision. We understand the complexities of buying a home and know what you are going through and will do our best to make it easier for you by giving you a high quality, professional appraisal that you can depend on!

Your Property On The Web

Click Selling Your Home for a video explaining how our Online Property Presentation pages can help market your home! Click here for an EXAMPLE: Online Property Presentation.

See our video pages for tips on how a professional appraiser can help with your marketing efforts.

A quality appraisal doesn't cost, it pays!

I think you'll find these links valuable information resources:

1004 Full Residential Appraisal - URAR Form 1004, "Uniform Residential Appraisal Report" [URAR] The URAR is the most commonly used appraisal form. It's primarily designed for single-family homes, including those with auxilliary apartments or "in-law, mother/daughter" units.
Interior and exterior inspection. There will be a thorough interior and exterior inspection. The inspections take about half an hour to one hour, depending on the size of the house.

$300.00***

2055 Short Form Interior/Exterior Appraisal We also offer a high quality, lower cost, "short form" alternative to the Full Appraisal. Desktop Underwriter Quantitative Analysis Appraisal Report (FNMA 2055) It has been widely accepted for use where the more lengthy FNMA 1004 Report is not necessary. It can be used for tax grievance, uncontested matrimonial, estate or financial planning, or to establish fair market value for sellers or purchasers.

$250.00 * *

2055 Short Form Exterior Appraisal When an INTERIOR inspection of the property is NOT required or feasible, an EXTERIOR ONLY (Drive-by) (FNMA 2055) may be appropriate. It can be used for tax grievance, uncontested matrimonial, estate or financial planning, or to establish fair market value for sellers or purchasers.

$250.00 * **

* Payment is expected at the time of inspection for all non-business clients. ** Fees apply only to Bloomington/Normal. All other McLean Co. areas add $50.00

At Brian J. Davis & Associates, you can expect. . . .

Prompt response to your initial inquiry. We will give you personalized information for your particular appraisal need. Just tell us your situation and we will make suggestions. Use our Fee Quote/More Info Form to let us know what you need and we will promptly reply. Or you can fax your request to us at 309 662-4070, or call us at 309 662-4070.
Quick turnaround time: Typically one week or less from the date the request is received. 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.
Direct communication: We're available and accessible! If you've ordered your appraisal On-Line or provided us with your email address, we'll send you "Status Updates" to keep you informed of the appraisal's progress.
Appraisal and consulting reports formats to suit YOUR needs: When it comes to appraisal and consulting, "One size does NOT fit all!" We offer a variety of report types and delivery methods. Express mail too slow? We can deliver your report attached to a standard email, or notify you of an Internet site to download your report, the MINUTE it's completed!
Quick response to follow-up questions. Our reports are clearly written, understandable, and meet or exceed the Uniform Standards of Professional Practice that governs the appraisal practice. We also provide "Individual" clients with a detailed brochure to help you in "Understanding Your Appraisal". If you have any questions regarding your appraisal, after you've read the report, we encourage you to email or call us!
Competitive price schedule. We have a complete menu of appraisal types and their fees available on our Web site. Examples of the forms and sample reports are also available on-line to help you choose the type of report that's BEST for YOU.
Online Appraisal & Consulting Orders are available by using our convenient Online Appraisal Order form or FAX your order to us at (309) 662-4070, or call your order in to (309) 662-4070. Do not hesitate to contact us if you have a special request or a question. We understand the complexities of selling a home and know what you are going through and will do our best to make it easier for you by giving you a high quality, professional appraisal that you can depend on.

We look forward to working with you!