Spellings Real Estate – Bev Spellings (Lisc #00227596) & Brooks Spellings (Lisc #326311)

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Choosing Your Real Estate Appraiser

If you have been thinking about purchasing a real estate property for personal use or as an investment, you’ll need to hire the services of a real estate appraiser.  If you plan to finance your home through a bank or other lender, you’ll more than likely need to get the property appraised first.  Banks and most lenders want to know the value of the home for your protection, as well as make sure that the home they are financing is worth the total amount that you take on the loan.

In most cases, the appraisal indicates that the home does indeed meet or exceed the asking price.  In some cases however, the appraisal will come back saying that the home is worth less than the selling price.  If this is the case, the buyer normally has to either drop the deal or try to negotiate with the seller to get a price that meets the appraisal.

For those very reasons, a real estate appraiser is very important.  When you are dealing with a home, one appraisal can make a deal or break it. Even though you may not be financing your purchase through a lender or the bank, you should still make an effort to get the home appraised and find out the true value.  You should also make a point to find the best appraiser that you can afford.  If you hire an appraiser who isn’t that experienced, you’ll pay for it later when you discover that the property isn’t worth what you paid for it.

A real estate appraiser will go through the home performing an evaluation, and then provide you with a written evaluation after he has gathered all necessary information.  Appraisers will also taken into consideration the replacement costs as well.  Also, they will have to very land descriptions as well.  There is a lot of work involved with appraisals, which is why it’s so very important that each step of the process is performed correctly by a qualified real estate appraiser.

If you have a real estate agent, he or she will more than likely be able to make a recommendation.  Keep in mind that this doesn’t mean the recommendation is the best; it’s just someone who your agent works with.  To ensure that you get the right appraisal on your home you’ll need to find yourself an appraiser who is capable of completing the job.

When you look for your real estate appraiser, you should look for someone who comes highly recommended.  You can ask family and friends for their opinions, or search local papers, even the Internet.  If you take your time and search for the best real estate appraiser that you can find you’ll normally get an appraisal that is right on target.

By: Beverly & Brooks Spellings

Beverly Spellings Beverly’s parents lived in the same home for more than 50 years. When she began the search for her first home she not only found a place to call home, but a life-time career and passion. Beverly expects to sell around 1,000 homes by the time she passes her business on to her daughter and business partner Brooks. She would be honored to get the chance to make one of those your home. • Bachelor of Science, University of Tennessee • Joined Greater Nashville Association of Realtors, 1995 • Elected to GNAR Board of Directors in 2013 • Licensed Broker • Active in Tennessee Association of Realtors, National Association of Realtors, and Greater • Nashville Association of Realtors • Leadership GNAR 2002 • Greater Nashville Association of Realtors Awards of Excellence, 2001, 2002, 2003, 2004 • Awards of Excellence, Life Membership, Greater Nashville Association of Realtors, 2005 - 2007, 2012, 2014 & 2015 • Chaplain, Greater Nashville Association of Realtors, 2004 • Active member Christ Presbyterian Church, loyal fan of University of Tennessee, and enjoying her best role as Grandmother to Martha Ainsley and John Calvin • Involved in relocating many clients to Middle Tennessee area • Works closely with President/Managing Broker of Worth Properties who has extensive relocation experience Brooks Spellings Brooks is a native Nashvillian who has recently moved back after 7 years in New York. Her love of Nashville brought her back and quickly led to a new career at Worth Properties. Brooks looks forward to building Spellings Real Estate with her mother, Beverly, who has over 30 years’ experience in the industry - over 15 years in the Middle Tennessee area. Brooks' Background: • Bachelor of Science, Bachelor of Arts - University of Tennessee, Knoxville • 2005-2011 New York City - sales and marketing professional at national publications Cooking Light and Better Homes and Gardens • Avid traveler - over 20 countries lived in or visited • Nashville Association of Realtors, Tennessee Association of Realtors, and National Association of Realtors - 2013 • Affiliate Broker Brooks' is an enthusiastic East Nashville resident active in East-side events, resulting in friendships in the neighborhood and with owners and/or employees at local businesses including: • Historic East Nashville Merchants Association • Edley's BBQ on Main Street • Rumours East on Woodland Street • Fat Bottom Brewing Company on Main Street • Jackalope Brewing Company on 8th Avenue • Margot Café on Woodland Street • Bayberry Moon Productions on Woodland Street • Catholic Charities on 6th Street

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