Every year, countless people in the United States buy, sell or refinance their own slice of the American Dream.  Most, if not all, of these transactions include a simple line item for an appraisal.  It has become an understood and accepted part of a real estate transaction.  "Let's bring in the expert and make sure we're not spending too much on this property."

But is this the only reason to get an appraisal? Are there other times when the services of a certified, independent real estate professional might come in handy?  You bet.


Warren County recently had their reappraisals completed with the values as of January 1, 2006. These values are for real estate taxes payable in 2007. Because of the appreciation in home values during 2003, 2004 and 2005, most home values increased causing most people to receive higher real estate tax bills in 2007. As the tax bills arrive with higher appraised values, the news is all about the difficult real estate market in early 2007 easily upsetting the home owner. We are available to consult and/or complete appraisals if you feel your property value as of January 1, 2006 on the tax rolls is more than what you could have sold the home for at that time.

One of the most important issues involved in purchasing a property is developing an opinion of what it's worth so that you can make an informed offer to purchase.  A professional appraisal report performed by a qualified, certified-licensed appraiser can provide you with an objective, third party opinion of a property's current Market Value.  And for the small price of this service, you can give yourself "peace of mind" prior to making an offer to purchase that you're offering a fair price for the property. 

If you need to consolidate bills, have a college tuition to pay, or just want to tap into the equity of your home, you'll need a new loan, which oftentimes requires a new appraisal of the property. 
A divorce is a particularly traumatic experience for both parties and is often further complicated by the difficult decision of "Who gets the house?".  Jim Garrett does many appraisals in Warren County each year for divorce cases. Sometimes he works for one of the owners, sometimes an attorney for one of the owners and many times the appraisal is for both of the attornies. Some of the divorce appraisals are at the direction of the judge or magistrate. 

If the parties want to sell the home, they'll have a better idea of what price to set.  And on the flipside, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair appraisal.
The loss of a loved one is a difficult time in life and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the property involved.  The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

We understand the stress involved with an employee relocation.  We take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide input on the positive attributes of their property along with information about any recent sales or listings in their neighborhood that they want considered.

Before you decide to sell your home, there are several decisions to be made. First and foremost: "How much should it sell for?"  But don't forget there may be other equally important questions to ask yourself such as "Would it be better to paint the entire house before we sell it?", "Should I put in that third bathroom?", "Should I complete my kitchen remodel?"  Many things which we do to our houses have an effect on their value.  Unfortunately, not all of them have an equal effect. While a kitchen remodel may improve the appeal of a home, it may not add nearly enough to the value to justify the expense.

Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price.

Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for.  It's easy for them to step in and give you the information to help you make your decision.  Appraiser fees are based on efforts to complete the report and not a percentage of the sales price. So seeking a professional appraisal can often help homeowners make the best decisions on investing in their homes and setting a fair sales price.

We are members of both Dayton and Cincinnati MLS systems and work hard at knowing the local market. The volume of sales in many of our school districts has been about steady from 2003 through 2006 on an annual basis. However, there is a large supply of homes on the market at the present time. We have put together detailed anaysis of the current supply of homes on the market compared to the prior year volume of sales. We have this information in easily understood formats and broken down into multiple price bands by school districts so you can understand how long it might take for you to sell your home.