Not all appraisals are created equally. Every home and situation is unique. You don’t need a cookie-cutter appraisal; you need something to fit to your unique situation and we understand this. Our team of appraisers have experience and training in providing appraisals for loan valuations, real estate transactions, legal proceedings, investments, commercial interactions and more.
Whether you are a lender providing a mortgage, a home owner looking to sell, or an investor wanting to find a great investment opportunity, Northern Lights Appraisals can provide you a quick and accurate property valuation tailored to meet your specific needs.
Appraisal vs. Assessment
You may hear the terms “appraisal” and “assessment” and consider them to be interchangeable. This is not the case. Though there are many similarities between the two, there are some key differences which can often result in a great disparity in value. A municipality conducts an assessment for the purposes of property taxation. They use a “mass appraisal” approach, which is a method of assigning relative values to a large number of properties using a combination of market data and computer algorithms.
Appraisals have a much wider range of use and are much more specific to the actual current market value of a specific property based on its current condition. Most commonly, an appraisal is used to acquire a mortgage. A bank, lender or homeowner will contact an appraiser to determine the house’s appraised value. Unlike an assessment, an appraisal looks at the individual house in-depth and takes into account any updates or renovations. The data collected can then be used to determine what is a fair listing price for the house, as well as the amount, terms and conditions for a home mortgage.
Mortgage Brokers and Lenders
Don’t Let Appraisals Clog Your Pipeline
When it comes to mortgages, lenders know that the faster a deal closes, the faster they get paid. Nothing is more notorious for dragging out the process than an appraisal. You need a rush? All you have to do is ask!
We understand that the last thing any lender wants is to be stuck waiting on a property valuation. That’s why believe in providing our clients with high-quality appraisals at lightening-fast speeds by using leading edge technology. You can be assured that we will maintain the highest standards of professionalism, integrity and accuracy.
Our team is licensed and certified by either the Canadian National Association of Real Estate Appraisers (CNAREA) or the Appraisal Institute of Canada (AIC) as well as being licensed by the Real Estate Council of Alberta (RECA), so you can be take comfort in knowing that we will adhere to regulations with strict compliance.
Protect Your Financial Future
Buying or selling a property is a huge step in anyone’s life. Often, it is the sign of a major change in your life. It’s easy to see why buying a home is one of the most important decisions you will ever make. It’s exciting, terrifying and stressful all at the same time. The last thing you need is something else to worry about, like having your house appraised.
An accurate property valuation is crucial to the home buying process. It will help to ensure that you’re negotiating a fair price for your property, as both a buyer and seller. It also prevents financing delays and further headaches with closing the sale.
Northern Lights Appraisals knows how stressful and overwhelming the home buying process can be. We promise to provide you with a precise valuation and detailed report with a blazing fast turnaround time and price that you’ll adore. Our team knows the Edmonton housing market inside and out. We are armed with the local knowledge needed to ensure you receive quality information to make the best decisions when it comes to your home.
Professional, Reliable Appraisals that Will Stand Up in Court
Whether dealing with bankruptcies, foreclosures, family law, contracts or litigations, all attorneys have something in common. They need a precise, meticulous residential appraisal that will hold up to the intense scrutiny of a courtroom. The outcome of your case may depend on the information you receive, so it’s something that you can’t leave up to chance.
You need an appraisal that not only offers a competitive rate and quick turn around time, but also has the highest quality of professionalism that you can find. Northern Lights Appraisals will provide you with exactly what you need.
Our team has a great deal of experience providing property valuations for attorneys and court cases. If you ever need us to take the stand, you can be assured that we will be passionate, articulate and compelling expert witnesses.
Appraisals for Individuals, Companies, and Agencies
Whether you’re an employee being transferred, an employer dealing with relocation, or a relocation agency, you know that you need a quick and accurate property valuation in order to make the right listing and selling decisions for the property,
A relocation appraisal has some key differences from traditional residential appraisals and is a much more in-depth analysis of the market. There are deadlines and price points that need to be met. You don’t have the luxury of waiting around until the right buyer comes along. Your need to know how much the property is worth now so that you can get it listed and sold as soon as possible.
Our team understands these crucial differences. We’re ready to provide you the detailed analysis and high-probability figures that you need in order to confidently sell your property within the given time frame. We’re fully certified and experienced with both Canadian Employee Relocation Council (CERC) and Brookfield Relocation protocols. You’ll get the peace of mind that only comes from working with experienced professionals in addition to an accurate, affordable relocation appraisal that is guaranteed to be delivered on time.
We Can Help You Make Smart Real Estate Investment Decisions
When you’re a real estate investor, there’s only one thing that matters: the bottom line! If you want to negotiate the right deal with the right terms and conditions, you need to know a property’s value with pinpoint accuracy. Not only do you need it to be accurate, you need it to be quick and on time so you don’t miss out on a major investment opportunity.
The team at Northern Lights Appraisals understands. We’re not just real estate appraisers; we’re investors too! Here you’ll find a group of passionate, devoted professionals who eat and breathe Edmonton and Calgary real estate. We know our markets inside and out and are happy to help you make smart investment decisions in every neighbourhood.
If you’re looking for a residential appraisal, no matter what the reason, our team is here to help. Contact us today to receive a free, no-obligation consultation.