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Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

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Sherri Melton
Keller Williams Realty Augusta Partners
3633 Wheeler Rd., Ste. 125
Augusta, GA 30909
706-495-1135
Fax: 706-364-1963
SherriMelton@NUMBER1EXPERT.com

Sherri is dedicated to accomplishing her clients goals whether that may be buying or selling around Augusta. You will find her high energy level, integrity, and driven work ethic are second to none. A stickler for high standards, exceptional service and a reputation for results, you will feel very comfortable with Sherri. Sherri is also an Accredited Staging Professional Agent. She offers this service to all sellers because a Staged home gives you the competitive edge you need in todays market! Sherri Melton is ranked as one of the top producing real estate agents in the United States. Licensed in the states of Georgia and South Carolina, Sherri has a team of people to assist her in providing the highest level of service to her clients. Sherri is known for her innovative approach to marketing homes, the personal attention she gives to buyers, and her total commitment to providing excellence in real estate services. She also serves on the Associate Leadership Council as Culture Chair for Keller Williams Realty Augusta Partners.

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