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| A “Pencil Search” Appraiser Inspection Can Be A Quick Option Real Estate Article By Noel Peebles |
Get a Certified Real Estate Appraiser to do a “pencil search” for you. This is often referred to as a “desktop
search”, because the appraiser inspection can be done on a computer, whilst sitting at an office desk. This is
usually a very simple exercise that may only cost in the $50 to $200 range. It does not usually involve a certified
appraiser taking any measurements or photos of the property, or involve a physical appraiser inspection of the
property.
To do a “pencil search” appraiser inspection, the appraiser will generally look through the county records (methods
may vary depending on where you live) and search for comparable house sales. This way the appraiser can find a
price that best fits your property.
search”, because the appraiser inspection can be done on a computer, whilst sitting at an office desk. This is
usually a very simple exercise that may only cost in the $50 to $200 range. It does not usually involve a certified
appraiser taking any measurements or photos of the property, or involve a physical appraiser inspection of the
property.
To do a “pencil search” appraiser inspection, the appraiser will generally look through the county records (methods
may vary depending on where you live) and search for comparable house sales. This way the appraiser can find a
price that best fits your property.
Why get an appraiser
inspection?
You may be able to use
this information to show
potential buyers what the
property is likely to be
worth. You will be able to
assure any buyer that the
figures were arrived at with
the help of a Certified Real
Estate Appraiser.
inspection?
You may be able to use
this information to show
potential buyers what the
property is likely to be
worth. You will be able to
assure any buyer that the
figures were arrived at with
the help of a Certified Real
Estate Appraiser.
However keep in mind that a “pencil search” appraiser inspection is simply what the name implies. No one will
physically inspect your property to see what advantages or disadvantages it might have. The appraiser won’t check
for defects that could potentially alter the value. However, it is still better than you simply guessing at the price
range.
As an example, an elderly couple I know were working out there finances to see if they could afford to move to a
retirement village. They came to the conclusion, based on what they thought their house was worth, that they
couldn’t afford the move. I suggested they arrange a “pencil search” before giving up all hope. They were
overjoyed when the appraiser suggested a price of $90,000 more than they had thought the property was worth.
Needless to say, their retirement dream became a reality.
© Noel Peebles, Market Leaders ebooks.
Buying Waterfront Property In New York
23 Buyer Turn-Offs When Selling Your Home
Terms and Conditions, Privacy Statement, Disclaimer
© Copyright Market Leaders Ebooks. All Rights Reserved.
physically inspect your property to see what advantages or disadvantages it might have. The appraiser won’t check
for defects that could potentially alter the value. However, it is still better than you simply guessing at the price
range.
As an example, an elderly couple I know were working out there finances to see if they could afford to move to a
retirement village. They came to the conclusion, based on what they thought their house was worth, that they
couldn’t afford the move. I suggested they arrange a “pencil search” before giving up all hope. They were
overjoyed when the appraiser suggested a price of $90,000 more than they had thought the property was worth.
Needless to say, their retirement dream became a reality.
© Noel Peebles, Market Leaders ebooks.
Buying Waterfront Property In New York
23 Buyer Turn-Offs When Selling Your Home
Terms and Conditions, Privacy Statement, Disclaimer
© Copyright Market Leaders Ebooks. All Rights Reserved.
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