How Much Does A Baton Rouge Home Appraisal Cost? Published by Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500 http://www.homeappraisalsbatonrouge.com

1. activerain.trulia.com
http://activerain.trulia.com/blogsview/3659143/question--how-much-does-a-baton-rouge-home-appraisal-cost-
Question: How Much Does A Baton Rouge Home Appraisal Cost?
Bill Cobb
By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851
Email Short URL
Share:
March 14, 2013 05:02 AM
Question: How Much Does A Baton Rouge Home Appraisal Cost?
My Appraiser Friend in Birmingham AL, Tom Horn, SRA, explains Appraisal fees. Tom writes an eye opening blog for
the Birmingham AL Housing Market on topics such as So Just How Accurate Is A Zillow Zestimate Anyway , Can A
REALTOR® Give An Appraiser Comps and other interesting topics.
Tom says, "I think it is important for consumers to know how an appraiser determines the cost of an
appraisal. There are a lot of variables, but cost of the appraisal is well worth the investment because your
home will be more competitively priced with the market."
Tom says, "I get asked a lot about the cost of an appraisal. More and more
homeowners these days are seriously considering getting an appraisal on their
home to help them price it correctly to sell. There appears to be a change in the
mind set of many homeowners from several years ago when the market was
appreciating at such a rapid rate. Many sellers would price their home at a very
high level due to high demand and most of the time the home would sell fairly quickly, but in today’s market this is not
the case. Competition for buyers is stronger and it is very important to list your home for the correct amount to move it
as quickly as possible and to help reduce the likelihood of it not appraising for what it needs to for the mortgage."

2. Tom offers valuable insight in how Home
Appraisals are priced. To read Tom's entire
article, click through below.
What about Baton Rouge House Appraisal
Fee?
Baton Rouge Home Appraisal Fees
Explained.
Just as in a flooring installation on your home, if
you're only adding carpet to 2 rooms, then the
fee or cost is going to be less than if you adding
flooring to your entire home. The same can be
true for a Home Appraisal. You can expect to
pay less for a Home Appraisal on a median
priced home in your market, say $350, than a
much more complex $1,000,000 estate on
acreage, $500+ depending on how complex.
PRE-LISTING APPRAISALS or LIST PRICE APPRAISALS
Several local Real Estate Agents are ordering List Price Appraisals in order to
obtain an accurate home sketch size, verified lot dimensions withplat map and a
realistic listing price, which hopefully convinces the seller to list at a realistic
price. These generally cost less and locally my fee is $225 to $275 in restricted
subdivisions and not on acreage for homes under $400,000. Visit Greater Baton
Rouge Pre-Listing Home Appraisals to learn more.

3. ESTATE Settlement and DIVORCE Settlement Appraisals generally require
extra time of preparation and documentation as these can go to court with
Appraiser Testimony required and may have higher fees. Appraiser Testimony
would be more common in a divorce situation than in estate settlement.
MORTGAGE
HOME
APPRAISALS
ORDERED VIA
AMCS COST
MORE
The Federal
Government raised home appraisal fees in 2009 and 2010 with HVCC and Dodd-
Frank Legislation. These are generally ordered through a 3rd Party AMC or
Appraisal Management Company who must be paid as well. This can cost about
$550+/- because of the split between the Appraiser's fee of say $350 and AMC's
fee of say $200. The AMC orders appraisals, AMC Review Appraisers review
reports for errors and compliance and for extraordinary client requirements and
then forwards compliant reports to the lender.
IN CONCLUSION AND RUSH FEES
So, there's various reasons to obtain a Baton Rouge Home Appraisal and different fees for each
type based on the amount of work and time involved, Appraiser Liability involved, complexity, lack
of comparable sales and sometimes just how busy the Appraiser is at the time. If an Appraiser has 16 orders in the
que and a lender wants a new appraisal order completed in 48 hours, then that lender can expect to pay an added
rush fee. And, it may be the fault of the lender for dragging their feet on your home loan and threatening to lose your
low mortgage rate lock. Regardless of the reason for the rush, you may still have to pay the higher Appraisal fee.
Think of this like that plumber that is called out on an immediate emergency and charges extra for their immediate
response.

4. AGENTS, HOW MUCH DOES A HOME MORTGAGE APPRAISAL GENERALLY COST IN YOUR MARKET?
Disclaimer: Trulia, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this
site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them
make an informed decision when buying or selling a house. Trulia, Inc. takes no responsibility for the content in these
profiles, that are written by the members of this community.
© 2014 Trulia, Inc. All Rights Reserved Fair Housing: Fair Housing and Equal Opportunity