While many in the mortgage and appraisal fields usually think of appraisals being prepared on existing homes only, this is not always the case. In today’s real estate market, pre-construction appraisals are required for new construction and many home improvement projects. This assures the lender that the home being built will be worth the money being borrowed once the project is finished. Townhouse Appraisers can guarantee a customized, detailed report to present to your lender.
As the name implies, a pre-construction appraisal is prepared prior to the start of construction. Upon application it becomes the responsibility of the appraiser to appraise the subject property in accordance with the plans and specifications provided by the owner, assuming all work will be completed. Knowing this beforehand can save an individual from over extending their resources.
A pre-construction appraisal from Townhouse Appraisers can help you decide whether building the house of your dreams can become a reality, or if purchasing a home off the market is a more viable option. Building a new home is stressful enough, therefore getting a pre-construction appraisal from Townhouse Appraiser can remove the feeling of uncertainty when wondering if your proposed home will be worth as much as what it will cost to build. We will be happy to explain the appraisal process up front, as well as personally speak with your builder, and once the report is finished we’ll also go over it with you to answer any questions you might have.
Townhouse Appraisers continues to be Atlanta’s top pre-construction appraisal provider year after year. Contact us today for your pre-construction appraisal. We have the experience and qualifications to handle all of your appraisal needs.