Other Appraisals Services
There are many reasons you may need to get a property appraisal, and Equity 1st Appraisals is here to help.
Learn the some of the reasons why you may need a real estate appraisal for your property.
Contact us today to learn how we can help you.
Other reasons to choose Equity 1st Appraisals
Although the most traditional property appraisal happens when you are getting a mortgage, there are many other reasons that you may need an appraisal. A professional appraisal is accepted as an accurate evaluation of a property’s value to ensure that you are compensated fairly in some of life’s situations.
1. Investment Properties / Portfolio
A significant part of an investor’s analysis on a potential investment property is the purchase price. An appraisal is a valuable tool to ensure that the offer price is for fair value so that an appropriate return can be made on the investment. Whether the investor is looking to flip, rent, or even use as a second property, Equity 1st Appraisals can help with your investment analysis.
2. Property Inspections
Appraisals and inspections are often confused by home buyers. Although an inspection is not an official part of the appraisal service, any defects that we find during an appraisal can greatly affect the value of a property. Equity 1st Appraisals has the expertise to perform inspections, and provide an inspection as a standalone service for you.
3. Floor plans and Measurements
Homeowners may need to get a floor plan and measurement of their home when incorrect square footage is listed with the tax assessor’s office or when you are planning to sell your home. Equity 1st Appraisals has the expertise to create a scale drawing of your home’s floor plan with accurate measurements.
4. Appraisal Review
Do you need a veteran appraiser to double-check your appraisal for precision, or provide a second opinion? We can provide different levels of reviews: ranging from a quick professional review using our data sources, or a more detailed field review that also includes visiting the subject property. Even though this is typically requested by banks, a property owner may need to exercise this service if you suspect mortgage fraud related to your property.
5. Cash Sale Valuation for Realtors
Many real estate transactions are for cash directly between buyer and seller. Although an appraisal is not necessary for loan purposes, it is for the appraisal stipulation in the contract. Equity 1st Appraisals works with many Realtors and buyers for these cash sale transactions.
6. Appraisal Management Company (AMC)
We work directly with Appraisal Management Companies, and with lenders who use AMCs. We provide AMCs with the same level of high quality appraisal service that Equity 1st Appraisals takes pride with.
Process for getting an Appraisal from Equity 1st Appraisals
Step 1. Contact Equity 1st Appraisals, and let us know why you need an appraisal as well as some details about the property
Step 2. We will be in touch with a quote for your appraisal, and schedule a time to visit the property.
Step 3. We will spend time in and around your property taking pictures, measurements, and notes. Please visit our How to Prepare for Appraisal page before our scheduled appointment.
Step 4. Most of the work is done when we get back to the office as we compile our notes and do extensive research on the property and the immediate market.
Step 5. We will send you an appraisal report that shows the value of your home, and explains in detail how we arrived at that value.
The entire process takes approximately 5 to 7 days. However, we can accommodate urgent requests if you need your appraisal completed quickly.
We look forward to working with you!
How we can help
Equity 1st Appraisals provides real estate appraisal services homeowners, lenders, and any other party who may need an appraisal.
Based out in Albuquerque and serving Bernalilo, Valencia, Sandoval, and Santa Fe Counties, we are market experts to provide an accurate valuation for your needs.
We are Residential Certified Appraisers for New Mexico, which licenses us to appraise residential properties.
We look forward to hearing from you to learn how we can help!
Equity 1st Appraisals
Certified Residential Appraiser
Call us at 505-280-9434 or use the button below to request and appraisal.
How to contact us
We would love to talk to you to learn how we can help with your real estate appraisal needs.
You can reach us by email at [email protected].
Or you can call us at 505-280-9434.
We look forward to hearing from you!
Equity 1st Appraisals, LLC
Residential Certified Appraiser