Paul's Appraisal Blog

Often, when someone needs an appraisal for a non-mortgage use (divorce, estate settlement, tax purposes), they are unaware that there are different appraisal products that can serve their needs. These other products have the same credibility as a full appraisal, yet can be cheaper. I recently did an appraisal for a couple that was filing bankruptcy. They were tight on money and shopping around for the best price on an appraisal. They had quotes from $300-$350. After talking with them, I told them that they could get an appraisal without measuring the house, and no sketch for about $75-$100 cheaper. The results are just as reliable, assuming that the house has not been modified and that public records are correct. They contacted their lawyer and confirmed that this type of appraisal was adequate.

So, next time you need an appraisal, ask to see if there might be a cheaper alternative. I, personally, will always try to find the most economical product for the client. I know what it's like on the other end when I'm the one that has to pay. If you need an appraisal or more information, feel free to drop me a line at paulmcewen@cosx.net  or call me at 760-525-2742.