Because a significant majority of appraisal assignments are for lending institutions, the appraisal industry has tailored appraisal reports to meet the lender's requirements. The standard appraisal for a lender includes reporting information that may not be needed by you. The reporting of this additional information is time consuming and adds to the cost of an appraisal.
To reduce costs, many lenders use Automated Valuation Models (AVMs). These models are computer programs that attempt to estimate market value but are often shockingly inaccurate. Because there is no input from an experienced appraiser, these blind computer models can be financially damaging. Although these models are sometimes "free" or have a low cost, they can "cost" tens of thousands of dollars through an inaccurate estimate of your home's value. In addition many of the "free appraisals" marketed on the internet are lead generators designed to gather your personal information which will then be sold to others.
We have the solution to this high cost or inaccurate value dilemma! By establishing an appropriate scope of work, we are able to provide reliable appraisals for a fraction of their historical cost. You are required to complete our online questionnaire that details the specifics of your property. From there, we perform our analysis and will have an appraisal back to you in 24-48 hours after receiving the property information. This is not a standard industry appraisal and we do not physically inspect the property or report specifics in the appraisal. But we do perform an in-depth analysis and provide what you want, the market value of your property.
Marsh Bilby Appraisers & Consultants, LLC has established a reputation for quality appraisals. When a standard appraisal is not desired, do not let a "free" appraisal cost you or your client thousands of dollars.
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Marsh Bilby Appraisers & Consultants reserves the right to amend any fee for any product.