Who is the best appraiser for an estate sale?
A professional appraiser who specializes in estate sales can go through the house with you and give you a much better idea of the value of your possessions. You only want to sell things that you know the value of.
Where can I find an appraiser for my antiques?
If the kids are not interested in keeping your antiques, they may earn some cash by selling them, something made easier for them with your written appraisal. You can find an appraiser in your area by checking out the American or the International Society of Appraisers.
When do we talk about the value of an antique?
When we talk about the value of an antique, we can mean several things. I greatly value the things passed down to me from loved ones and would never part with most of them as the sentimental value is too great. Maybe I never met my great grandmother, but I look at her beautiful Flow Blue china and can touch something that she touched.
What happens if purchase appraisal comes in low?
As an aside, ‘coming in low’ on a purchase appraisal does not always kill the deal. Rather, it often allows the two parties to renegotiate. That can only be a positive thing. Again, an appraisal is not a fact. It is an OPINION of value.
What happens when you waive the need for an appraisal?
Waiving the need for an appraisal saves around $300 to $450 in appraisal fees, says Bankrate, and you don’t have to worry about the bank pulling out of the deal if it turns out you have less equity than expected.
What do you need to know about an appraisal?
In most cases, they do — according to the Uniform Standards of Professional Appraisal Practice ( USPAP ), “an appraiser must, if such information is available to the appraiser in the normal course of business, analyze all agreements of sale, opinion, and listings of the subject property current as of the effective date of the appraisal.”
Can a house be appraised and sold for$ 100, 000?
Though an appraisal is typically reported as an exact number, no appraiser (who is honest) will bet their life that the property appraised will sell for that price-no more and no less. If a home appraises at $100,000, does that mean it would not sell for $95,000 or $105,000? Of course not. Does it mean it will not likely sell for $150,000?
