Buyer be Aware!

In our current market of rising home values and limited inventory here in the Hudson Valley, it is imperative to obtain an appraisal before you get to a point in the home buying process where you are no longer eligible to have your deposit refunded.  An Appraisal will provide you with an unbiased estimate of market value and is an effective tool when bargaining. In addition, it provides you with factual data regarding the value of the home. 

Real Estate Brokers represent the seller. Unless you are working with a Buyer’s Agent, it is the Real Estate Broker’s job to obtain the highest price possible for the home and they may not represent your best interests as they must represent the interests of the seller. An appraisal will give you an unbiased opinion of value.

If you are using a mortgage lender they will require that you receive an appraisal. However, if you are not using the traditional methods and are instead paying cash, using equity from another property, obtaining private financing or a seller’s mortgage, it is in your best interest to ensure that the value of the home you are purchasing is supported by the sales activities of the market in which you are purchasing.

At Shepherd Hill Appraisals, we realize that time is short and you have a lot of steps to take toward purchasing your new home. That is why we are committed to providing the final appraisal report within 1 to 5 days of appraisal inspection.

Contact us today or complete one of the order forms below so that we can get started in assisting you with your purchase.