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Real Estate Appraisal in Indianapolis, IN
Real Estate Appraisal in Indianapolis, IN Mercury Network solves the problem of maintaining appraiser independence for lenders. The HVCC (Home Valuation Code of Conduct) mandates that lenders separate anyone on the sales side of the business (loan originators - the loan officers and loan processors) from appraisers, or that they put in place prudent safeguards to make sure that a commissioned employee can't influence an appraiser.

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Real estate appraisal services
read moreWe are the leading provider of property valuation in the real estate mortgage industry - specializing in residential property. No property is too small or too intricate. We promise hard work, an ethical approach, resulting in a valuation you can count on.
Appraisal services for home sellers
read moreSelling your home? You would be wise to invest in a professional appraisal. An appraisal doesn't cost that much and it pays in the long run! Unless a homeowner makes a career out of studying real estate values, like an appraiser, it's practically impossible for them to understand local real estate values. While important, an appraisal is not about the costs of purchasing and upgrading your home, or the amount you'd like to get for it. Instead, the appraisal measures your home's market value. Quite a few IN homeowners are deciding to sell their homes FSBO (For Sale By Owner) and foregoing the assistance of a real estate agent.
Appraiser expert witness testimony
read moreWe offer a full range of Real Estate Appraisal services, with experience in many types of property. We are also experienced in litigation support and expert witness services. Clients who have used our expert testimony services include government agencies, tax entities, financial institutions, legal and accounting firms and many other businesses. In many cases, our independent, supportable analysis has allowed clients to settle cases without going to court. An appraiser must remain unbiased in performing an appraisal of a property.
Tips on Reading Home Inspection
read moreWhen interviewing a home inspector, ask the inspector what type of report format he or she provides. There are many styles of reports used by property inspectors, including the checklist, computer generated using inspection programs, and the narrative style. The most important issue with an inspection report is the descriptions given for each item or component. A report that indicates the condition as "Good", "Fair" or "Poor" without a detailed explanation is vague and can be easily misinterpreted.
Real estate appraisal
read moreHave you heard an appraiser use any of these terms? Did you just hear one of our appraisers use it and you came here to figure out what it meant? We don't mean to speak a foreign language, but any profession has its jargon. What res ipsa loquitur is to a lawyer and triple witching is to day traders, external obsolescence is to appraisers. On this page, we'll give some examples of common appraiser jargon and their meanings. When comparable properties have been identified, the appraiser makes adjustments to the Sales Price of each of the comparables to bring them into equivalency with the subject property, accounting for differences in location, construction quality, living area, acreage, frontage, amenities and the like.
Assessment appeal services
read moreMost localities determine your property tax burden based on an ad valorem assessment of the property's value. If you you get an unwanted surprise in the mail stating your taxes are going up, you may have good reason to differ with their assessment. Sometimes, matters like this can be solved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel your property was overvalued, an independent, third-party appraiser is often your best bet in proving your case.
What is an Appraisal
read moreA home purchase is the most significant financial decision some might ever consider. It doesn't matter if where you raise your family, a seasonal vacation property or a rental fixer upper, purchasing real property is a detailed financial transaction that requires multiple people working in concert to see it through. You're likely to be familiar with the parties having a role in the transaction. The most known entity in the transaction is the real estate agent. Then, the mortgage company provides the money needed to finance the deal.
How to get ready for having your
read moreTo help the appraisal go as smoothly as possible we generally recommend you take the following actions and prepare the listed documents, if available, for the appraiser.
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Mayes & Associates
Mayes & Associates
Indianapolis, IN