Our Services

Appraisals for real property are needed for a variety of reasons.

To purchase, sale, refinance, estate, divorce, financial planning/trusts, PMI removal, bankruptcy, pre-foreclosure/short sales, pre-listing, pre-purchase, FSBO, property tax dispute, mass appraisal and etc.

With any of these situations an appraisal is needed from a licensed or certified appraiser in your state. Simply contact us and fill out an appraisal request form or talk with us to determine exactly what you need.

Appraisal Services

This is not a complete list; if you need an appraisal or consulting for another purpose not mentioned. Please submit a quote request.

Bankruptcy Appraisal

During bankruptcy, establishing market values of assets, including property, is essential. This can be necessary to determine which type of bankruptcy can be applied.

Condemnation Appraisal

Eminent domain gives the government the right to “condemn” property, forcing the owner to sell it for public use. However, the property owner has a constitutional right to “just” compensation—a “fair and reasonable” payment in exchange for the property. But what’s considered “fair and reasonable”? That’s where we come in.

A professional appraisal (performed under Uniform Standards of Professional Appraisal Practice, or USPAP standards) is the most substantial evidence of your property value—the “just” compensation you’re entitled to.

HomeLab Appraisals can help governments determine “just” compensation in eminent domain cases. A USPAP-compliant appraisal is the best way to determine the market value of any property, ensuring a “fair and reasonable” price for both parties.


Divorce can be a difficult time for all parties involved. One side may offer to buy out the other, or both parties might agree to sell the property and split the proceeds. Either way, an objective appraisal can be ordered to determine the property’s fair market value. This is necessary so that both parties can move forward knowing that their property has been evaluated unbiasedly and a credible opinion of value has been developed.

Estate/Date of Death

Estate tax liability. Disposition of assets under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago rather than when the appraisal is ordered. For estate tax purposes or disposition of a decedent’s assets, a “date of death” valuation is often required. (Sometimes, the estate executor may choose to have the date be six months after the date of death — but the same principles apply.)

Attorneys, accountants, executors, and others rely on HomeLab Appraisals for “date of death” valuations because such appraisals require particular expertise and training. They need a firm that’s been in the area for some time and can effectively research comparable contemporaneous sales. Real property isn’t like publicly traded stock or other items which don’t fluctuate in value very much or for which historical public data is available. It would help if you had a professional real estate appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP), for a high degree of confidentiality and professionalism. You also need the kind of quality report and work product taxing authorities and courts need and expect.

PMI Removal

Most lenders require private mortgage insurance for less than 80% loan value. It can be a significant monthly fee ($40-$50 per $100,000). When you achieve 20% equity, it can be removed by proving this to your lender. Your lender is required to drop your PMI payments (see a link to Homeowners Protection Act).

Pre-Foreclosure/Short Sale/Asset Valuation

Appraisals for fair market value are needed for various circumstances, including pre-foreclosure, short sales, or asset valuation.

Pre-Listing, Pre-Purchase, For Sale By Owner (FSBO) Appraisals

Homeowners are often unsure of what their property is worth. Most listing agents are good at what they do but are not appraisers and use different pricing methodology. Websites and online resources can also give you an idea, but it may not always be accurate, especially if your house is unique. These websites sometimes overlook locational factors, remodeling, additions, and other amenities. An expert appraiser understands how to take all of these things into account. A local appraisal expert who understands your current market can help determine a correct list price for your home. This can also establish a reasonable expectation for what the house might appraise for once it is under contract. Sometimes you may receive offers above the list price, but if they are not cash offers, and if the warranty does not specify that the “appraisal gap” would be covered, it comes down to what the home appraises for. You may be forced to take less if it does not appraise for the contract price. If you had this information beforehand, you might make a different decision when determining which offer to accept or if an appraisal gap clause needs to go in the contract. Remember, the side with more credible information tends to win negotiations.

Replacement Cost/Insurance Appraisals

These types of appraisals are common for insurance companies, HOA’s, lenders, or owners who need to establish a value for a property that has been damaged or destroyed. This could be due to fire, flood, or some other catastrophe. A value as of a given date must be established. From an owner’s standpoint, they may wish to seek their appraisal if they feel the value importance being given to them is inaccurate.

Commercial Appraisals

Not yet available but will be soon; currently completing coursework towards the necessary license.