Investment / Investor Appraisal Services
Investment / Investor Appraisal Appraiser
Investing in residential property? Protect your bottom line with an appraisal
When you’re considering investing in rehabilitated residential property, you’re making a smart choice. Real estate values have been climbing at the same time demand for homes has been increasing — an impressive combination.
Often, people and companies that sell rehabilitated real estate buy a dilapidated property, put a lot of money and sweat equity into it to make it attractive to a buyer, and then reap the reward when the property is sold for a lot more than the original buyer paid for it. There’s nothing wrong with this; on the contrary, it makes more housing available at a time when it’s in demand. And as noted, it’s often a good investment choice for the eventual buyer.
But before you invest in a rehab property, you should obtain a professional appraisal, from an appraiser with your interests in mind. Normally an appraisal will need to be performed on behalf of the lender, by an appraiser working closely with sellers, brokers and agents.
It’s smart to always have an inspection done before closing on a property. It’s equally important though to obtain an opinion of value from an appraiser. An inspector will tell you if everything that is present in the structure is functioning properly, what repairs may need to still be done, and whether there are any safety or soundness issues with the property. An appraiser can translate that into dollars. As rehabilitated, is the property worth what it’s selling for? If something unexpected happened and you needed to sell right away, would you be able to recoup your investment?
As an investor, you need and deserve to know. Protect your interests and maximize your profits with the help of a professional appraiser.
IAS Residential Appraisal Services works with many individual investors, hard money lenders, and private equity firms to provide accurate “as is” and “as repaired” valuations that are dependable.
You can get a free quote and more information ASAP by contacting us today!
Contact IAS Residential Appraisal Services
At IAS Residential Appraisal Services, our team is dedicated to providing you with the most accurate and detailed information. So whether you are part of a large institution or an individual homeowner, we can help. Contact us today to learn more about our real estate appraisal services.