Episode 141: Appraisals 101: How to Prepare and What to Expect!

In this episode, Don and Angela break down the appraisal process—why it matters, how it works, and what both sellers and homeowners can do to influence the outcome. Learn how to prepare for an appraisal, navigate low valuations, and understand the key differences between agents, brokers, and formal appraisals in today’s real estate market.

 

01:42 Understanding the Appraisal Process

02:32 What is an Appraisal?

05:08 When is an Appraisal Needed?

08:12 Timing and Process of Appraisals

11:00 Factors Affecting Appraisal Value

14:12 Preparing for the Appraisal

19:00 Understanding Appraisal Discrepancies

26:00 Disputing an Appraisal

30:00 The Role of Local Lenders

34:00 The Importance of Real Estate Professionals

 

Show Links

For more information on the Putkela Group and how to get connected, visit the links below:

 

Business Page: https://www.facebook.com/PutkelaGroup

Website: https://www.welcometolivingston.com/

Instagram: https://www.instagram.com/putkelagroup/

YouTube: https://www.youtube.com/channel/UCq9hM7gWPlaCw4nG89Wgd9Q

Phone: 1-888-PUTKELA (788-5352)

 

Sponsor Links

Thanks to our amazing sponsor! Visit their social media pages for more information.

 

James Paquette

Mortgage Sales Manager

Lake Michigan Credit Union - LMCU

NMLS ID# 533633

Direct Phone: (810) 263-6000

Cell Phone: (734) 604-2611

 

Website: https://www.lmcu.org/jamespaquette

Facebook: https://www.facebook.com/jamespaquetteLMCU

LinkedIn: https://www.linkedin.com/in/jamesapaquette/

YouTube: https://www.youtube.com/@LMCU