Appraising in Delaware, the Blog...

Hometown Appraiser?
October 13th, 2020 11:53 AM
Although you may not always get a choice in your appraiser, there are instances where you do. It can be difficult to know who to go with, and although you may think there is no wrong answer, you may want to think again.

Clients who are needing appraisals for estates, refinancing, divorces, etc. will get to do some research and have the ability to “shop around”. What you may not think about while doing so is finding a local appraiser versus someone better known in an area that is not close to where you are.

Hometown appraisers have an in-depth knowledge about the area the home is located in. They know where the best schools are, if areas are safe and they will even have better personal insight into the things that are most attractive about the town and surrounding areas. They can also easily get firsthand experience with the areas and drive through the towns to have a better grasp of what neighboring houses look like.

Sure, all things can be googled but when you have someone who knows the ins and outs of your neighborhood, close attractions and has probably seen other homes in your area it would be tough to beat the amount of knowledge they can bring to your appraisal.

This isn’t to say appraisers cannot travel for work. There are unique opportunities where unusual properties may pop up and finding an appraiser with certain credentials would be beneficial.

The fact of the matter is, finding someone who is informed about the area is important. It also takes time to perfect the craft of appraising, since there is no 100% correct formula, the amount of time in the business can really make a difference between a poor appraisal versus an exceptional appraisal.

Posted by Patti Persia on October 13th, 2020 11:53 AMPost a Comment

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