Birchland Realty has three Wisconsin
Certified Residential Appraisers on staff to assist
you in all your appraisal needs. Contact us if we
can be of further assistance.
is an Appraisal?
appraisal is an objective, third-party estimate of the
current market value of a home, made by a person who
has sufficient knowledge and experience to accurately
estimate its value. Appraisers use comparable sales
and listing data, as well as information about the home
being appraised, its neighborhood, community, region
and the local and national economy to support their
as the lender doesn't want to lend you more money than
the house is worth, you don't want to overpay for your
new house. As part of your mortgage loan application,
you'll pay for your lender to order an appraisal on
the house that you are buying.
typically run between $200 and $400. Lenders won't approve
and fund your loan until they establish that the home
you are buying is worth the loan amount you are requesting.
the appraisal is complete, be sure to ask your lender
for a copy of it. By law you are entitled to a copy
of the appraisal.
to order an Appraisal:
lower your tax burden,
settle an estate,
determine a reasonable price when
protect your rights in a condemnation case.