Greece, New York

Real Estate Appraisals vs. Realtor Opinions? Certified Appraisers Explain The Difference October 15, 2015

Greece, Monroe
Real Estate Appraisals vs. Realtor Opinions? Certified Appraisers Explain The Difference, Greece, New York

You may wonder why you need a real estate appraisal when a realtor will provide you with an estimate of your property's worth. Actually, there are many situations in which you may need the services of a trained appraiser. From their offices in Rochester, NY, Metro Appraisal Associates maintains an extensive network of certified appraisers capable of delivering highly accurate services to clients throughout the United States, Canada, Mexico, and the Caribbean.

While both appraisers and real estate agents determine the value of a property by the property itself to houses that have sold in the area, Metro Appraisal Associates and other appraisers perform a much deeper market analysis. Providing this service requires extensive professional training and licensing by state agencies.

As a result, real estate appraisals are admissible in court, and are often required by lenders before they will approve a mortgage. In cases where an objective valuation of a property is necessary, such as in cases of divorce or bankruptcy, the court will rely on their expertise. Firms like Metro Appraisal Associates can also prove invaluable in tax situations. If there have been changes in your neighborhood, they can provide an updated estimate of your property, potentially lowering your tax bill.

When you're selling your home, don't rely solely on your real estate agent to establish the value of your home. Turn to the licensed professionals at Metro Appraisal Associates who will give you a clear opinion of what your home is worth. Visit their website to learn more about their services, or call (585) 225-3042 to make an appointment today.