Servicing Arlington, Fairfax, Loudoun and Prince William counties as well as the independent
Virginia cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park
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Servicing Arlington, Fairfax, Loudoun and Prince William counties as well as the independent Virginia cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park |
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The Web AppraisalProperties for Sale listed below The Web appraisal is a simple
marketing tool, a publicly available version of the more traditional paper
report and it is provided for the owner or agent of a property that is being
offered for sale. Available via
their own unique URL address, the Web appraisal can be accessed by potential
purchasers (free of charge at any hour of the day) who have learned of the site
by seller or agent advertising through more traditional marketing means or via a
link from the main page of the Internet site of Hicks Real Estate Services.
The appraisal can also be linked (or placed, if desired) to a realty
agent’s Web site or even a for-sale-by-owner Web site. The typical Web
appraisal features the FNMA/FHLMC URAR (Fannie Mae/Freddie Mac Uniform
Residential Appraisal Report), floor plan or sketch, location map, exterior
photographs of the sale offering, exterior photographs of the comparable homes
utilized in developing the value estimate and, unlike more traditional appraisal
reports, interior photos of the subject property.
The Web appraisal provides the potential purchaser with the information
and data necessary to instill confidence in a possible buying decision before
the actual offer or loan application is made. The Web appraisal derives much of
its effectiveness from the fact that it is provided by a professional, licensed
appraiser for a fee only, without regard to the value estimate or asking price
(no commission to possibly taint process).
Sellers or agents receive an unbiased, honest opinion of value from an
experienced appraiser that is outside the listing context.
The seller/agent can determine, at the completion of the appraisal
process and communication of the results, whether or not to take advantage of
the transaction assistance offered by the Web appraisal.
The Web appraisal offers the seller/agent a vehicle with which to take
advantage of the revolutionary manner in which people buy and sell homes.
As more and more homebuyers look to the Web to begin their home search,
the Web appraisal offers a way to provide accurate and reliable information to
those buyers directly and efficiently. Potential
purchasers gain immediate access to data that otherwise could take hours in one
convenient location. Even the most
popular Web sites, such as realtor.com and homeadvisor.com do not provide the
wealth of physical and market data about individual properties that the Web
appraisal offers. The appraisal can even possibly be utilized by purchasers for financing, saving them hundreds of dollars on the cost of a loan. Each Web appraisal offers a Loan Finder link where homebuyers can contact lenders and loan officers for financial information. The Web appraisal is USPAP (Uniform Standards of Professional Appraisal Practice) compliant, but whether the appraisal is acceptable to some market participants will vary. However, in order to make the Web appraisal more attractive to the potential purchasers viewing it, we prominently note those lenders that “can possibly” use the appraisal for financing, providing the appraisal at little or no cost, saving the purchaser, on average, $300 to $400 on their loan costs. Whether or not the lender will accept the appraisal is handled on a case-by-case basis (terms may vary on a particular firm’s different loan products). 7007 Trappers Court, Manassas, VA (Sold)
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