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Connersville Real Estate Appraising Articles
We bought our house three years ago for an unusually low price ($30K less than similar houses in our neighborhood were selling for at the time) because it had only a kitchenette and not a real kitchen. We put $40 K into the house, creating a real kitchen with open floor plan, brand new stainless appliances and a gorgeous $6K stone countertop. These clowns appraised our house for only $10K more than we paid for it three years ago when it had no kitchen and real estate prices were lower.
We had to go with these appraisers because our bank chose them, and we totally got shafted. We had just had an appraisal through SunTrust (and decided not to go with them due to finding a better deal with the current bank) and that appraisal, by a competent appraisal company, came in at a reasonable amount, $23,000 higher than
We wasted our time trying to contest this clearly incorrect appraisal and provide other comps, including some the SunTrust appraiser had used, but the bank left it up to these folks to decide if they were right or not, and (big surprise) they think they're right. I'm really upset we had to pay these people $450 for this junk "appraisal."
He took into account all items, comparable properties, our rental income and a very detailed inspection of the property itself.
The final report was emailed to me in a very timely fashion. It was extremely professional, detailed and exactly what I had hoped to receive.
I would call him again and would highly recommend him.
We think we're the best, and we can prove it.
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