An appraiser’s job boils down to one thing; providing an unbiased opinion of a property’s market value.

Market value as defined by Fannie Mae is as follows:

“Market value is the most probable price that a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:

• buyer and seller are typically motivated;
  
• both parties are well informed or well advised, and each acting in what he or she considers his/her own best interest;
  
• a reasonable time is allowed for exposure in the open market;
  
• payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and
  
• the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.”

This is exactly what you will get when ordering an appraisal from Acumen Appraisals. You will get an accurate value. I will not, under any circumstances, provide a report with a predetermined value or an inflated/deflated value to meet a desired outcome.

They always say when it comes to real estate it’s all about location, location, location. While that is a cute and sometimes fairly accurate statement, there is so much more that goes into determining the fair market value of a property. At Acumen Appraisals, we take the time to fully analyze the nuances of your particular market, the market trends in general, the factors effecting the market, and any/all characteristics of your particular property that contribute to its overall value. You will get a full analysis of every aspect of your property and the market when determining the value of your property.