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I'm planning to buy a lovely home. The present owners who want to sell the property have a appraisal report. I feel that the house is over priced. Will it be possible for me to perform the inspection prior to making an offer? May be I could appraise the property with the help of an independent appraiser and check out the right value of the property…

I know that the appraisal and inspections are done after an offer is made and accepted by everyone. But I want to make a good offer at the first go. Thus, I'm asking about appraisal. Has anybody done this? Is it possible?

Thanks.

gmakerley · Posted: Fri Mar 05, 2010 9:28 am Post subject:

miranda, what you can accomplish, as an alternative, is to obtain an opinion of value from an appraiser, or from a realtor as well. anyone selling a home isn't going to allow you to bring an appraiser into their home prior to submitting a contract.

if you think their price is too high, you must have some rationale behind it; can't you use that intuitive number you're working with to enter a bid? i think what you wish to do isn't plausible.

apexoffice · Posted: Mon Mar 08, 2010 11:46 am Post subject:

You can ask an appraiser to perform either a drive-by appraisal or a desktop appraisal. Neither will require the appraiser to enter the property. Talk to a few appraisers and get some prices and maybe some other alternatives that they offer.

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Appraisal before making an offer