Appraisal- A written justification of the price paid for a condo or real
estate property
primarily based on an analysis of comparable sales of similar condos nearby.
Appraisal
Fee- The appraisal fee covers the cost of a professional appraiser evaluating
your condo to estimate its fair market value. The appraisal is used to calculate the loan
amount as a percent of the property value. This loan-to-value (LTV) ratio is one of the
factors that dictates whether a lender is willing to approve the mortgage application and
whether additional fees may be required (e.g., mortgage insurance). The cost of the
appraisal will depend on the location of your property (rural vs. urban), the complexity
of the appraisal and the going rates for appraisers in that area. Prices range from $300
and up.
Appraised value- An opinion of a property's fair market value, based on
an appraiser's knowledge, experience, and analysis of the property. Since an appraisal is
based primarily on comparable sales of the most recent condo sales in the last 6 months.
Compared to the property in question, the appraisal usually comes out near the purchase
price.
Appraiser- An individual qualified by education, training, and experience
to estimate the value of real property and personal property. Although some appraisers
work directly for mortgage lenders, most are independent
The Grace
Appraisal Group
6400 Mockingbird Way South
St. Petersburg, Fl 33707
Phone (727) 384-2033
Advanced Appraisal Services
1221 Turner St
Clearwater, FL 33756
Phone: 727-447-8839 |
Coast to Coast
Appraisal Services
122 Punta Vista Dr.
St Petersburg Beach, Fl 33706
727 360-2397
Certified Appraisal Services
3000 Gulf to Bay Blvd
Clearwater, Fl 33759
727-724-8187 |
Countywide
Appraisal Corp
1201 So. Highland Ave.
Clearwater, FL 33756
Phone: 727-446-6550
Walter & Assoc.
3005 State Road 590 #203
Clearwater, Fl .33759
Phone: 727-799-1496 |
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