How Do I Choose an Appraiser?
Although federal and state laws usually require that the lender must hire the appraiser when the appraisal is to be used for a real estate loan, some lenders will allow you to select an appraiser from their list of approved appraisers. For all other appraisals, you are allowed to select your own appraiser.
Licensed real estate appraisers can be found on the internet or by talking to your friends who have previously used an appraiser. Be sure to interview the appraiser carefully to determine if he or she is licensed and experienced in appraising your type of property.
Most licensed appraisers will provide an advance estimate of the cost to perform the appraisal, and many will commit to a fixed fee for the appraisal. It is always wise to obtain a written contract for services which includes a description of what is to be appraised, the scope of the assignment, the anticipated delivery date, the fee and terms of payment.
Nakisha Brisco, Realtor
Abek Real Estate 820 Oak Harbor Blvd. Slidell, La 70458, 504.717.7408 cell, 985.646.2111 office, 985.646.2772 fax, e-mail: arealtorworking4u@yahoo.com
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