A common question I get is, “What is the difference between a desktop appraisal and a full appraisal?”
I’ll be the first to say that there aren’t many differences between the desktop appraisal and the full appraisal in terms of the comparable selection and the research. However, as with any two different things, there are factors to consider in determining which works better for you and your situation. The first thing I recommend is to find out if the intended user will accept a desktop appraisal or if they will require a full appraisal. Once you have this answer, then you can discuss which appraisal type makes sense for you.
So that you have some background, here is information on the two types of appraisals:
The desktop appraisal is a valuation performed without a physical inspection of the property. All research is done as the name suggests, from the appraiser’s desk.
A full appraisal means that an appraiser visits your home and takes photos, measures and evaluates in person the condition of your home. Here is a sample of a full appraisal for a single family home done one of our certified appraisers.
A desktop valuation is a great tool for homes that are in average condition. Full appraisal evaluations are recommended for homes that are in poor or highly upgraded condition. Full appraisals are also recommended for tax appeal cases and divorce in which someone might be disputing the value.
Discuss your property and needs with one of our appraisers before making any final decisions. Please keep in mind that a proper assessment of your home or condo is far more important in the long run than some money that you may save immediately.
Let us know, are you in the process of deciding between a desktop valuation or a full appraisal? What are some of your determining factors?Tags: 2013 real estate, appraisal, appraisal questions, appraisal questions answered, appraisal sale, computer appraisal, desktop appraisal, does your appraiser, field appraisal, full appraisal, home appraisal, home valuation, on site appraisal, property appraisal, valuation, what is an appraisal, what is appraisal
This post was written by Joseph Castaneda