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What's Your Home Worth?
Get Your Home's Value! Receive a free comparative market
analysis plus neighborhood comps!
Your best source for Real Estate in Wichita
Kansas
No one knows Wichita homes and Wichita neighborhoods better
than Larry Underhill. He has been the number one Realtor in the Wichita real
estate market for the past six years and has been one of the top three Realtors
in the United States for the past five years.
Wichita Real Estate
You will
find listed here some of the more progressive Wichita real estate agents who
have turned to the Internet as a means of putting local residential properties
before a national home buying audience.
5 Things to Look for in a Property
Appraiser
By Mary Collins
Homeowners who are seeking a property appraiser often ask
"How should I choose which real estate appraiser to use?" When selecting a
property appraiser to use keep the following in mind:
Always make sure a
property appraiser is licensed or certified by the state to perform real estate
appraisals. While state licensing and/or certification isn't always an
indication of quality, it ensures that an individual is has met certain
standards and been authorized to perform property appraisals. Some states do
not require licensing to perform real estate appraisals. It is unwise to use
the services of any professional who is not licensed or certified.
Don't
be afraid to ask an appraiser for a copy of their license. A good appraiser
will readily provide this documentation. Copies of licenses are commonly
requested by mortgage brokers and loan officers. Once you get a copy of their
license, it's a good idea to check with the government agency which issued the
document to ensure the license is active and in good standing.
Many
excellent real estate appraisers carry a professional designation. The most
widely known industry designations are SRPA, SRA and MAI. These designations
are issued by the Appraisal Institute. These designations demonstrate an
appraiser's commitment to continuing education and ethical standards.
Oftentimes, the standards required to obtain these designations exceed those
set forth by state licensing/certified requirements.
Ask the real
estate appraiser what percentage of their work is performed in the neighborhood
in which the property is located. Appraisers who do a lot of their work or live
in a particular area often have a deep knowledge of property values in that
area. Additionally, they are more likely to know how "neighborhood variables"
such as school districts and fire departments affect the property values in the
area.
Lastly, find out if the property appraiser has experience
performing appraisals for consumers as opposed to real estate professionals.
Mortgage brokers and loan officers have distinctly different needs than
homeowners. An appraiser who understands the needs of homeowners is more likely
to help you learn about the appraisal process and answer questions you may have
along the way.
Mary Collins currently works for
www.find-appraisers.com and is a
consultant with experience in the real estate industry. She and the staff at
Find-Appraisers.com are focused on helping consumers and real estate
professionals quickly find licensed/certified property appraisers in any county
across the United States.
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