A home purchase is the largest, single investment most people will ever make. Whether it's a primary residence, a second vacation home or an investment, the purchase of real property is a complex financial transaction that requires multiple parties to pull it all off.
Most of the people involved are very familiar. The Realtor is the most common face of the transaction. The mortgage company provides the financial capital necessary to fund the transaction. The title company ensures that all aspects of the transaction are completed and that a clear title passes from the seller to the buyer.
So who makes sure the value of the property is in line with the amount being paid? There are too many people exposed in the real estate process to let such a transaction proceed without ensuring that the value of the property is commensurate with the amount being paid.
This is where the appraisal comes in. An appraisal is an unbiased estimate of what a buyer might expect to pay - or a seller receive - for a parcel of real estate, where both buyer and seller are informed parties. To be an informed party, most people turn to a licensed, certified, professional appraiser to provide them with the most accurate estimate of the true value of their property.
Services We Offer
ACE Appraisal Service is an independent, full service real estate appraisal firm, providing appraisals for residential properties in Northwestern Michigan within Missaukee, Osceola and Wexford Counties.
We specialize in appraisals for those who have decided to sell their home without a Real Estate agent (For Sale By Owner), Professional opinion of value before listing your home with a Real Estate agent, Consulting Services, Mortgage origination and Home equity loan appraisals.
We also offer Pre-Purchase appraisals, Desk Reviews, Field Reviews, Condominiums, Proposed Construction, Substantial Proposed Rehabilitation, Construction Stage Inspections, Vacant Land, ERC Relocation, REO and Pre-Foreclosure Appraisals, Divorce Settlement and Appraisals for Estate Planning.
Our clients include banks, credit unions, and other lending institutions, appraisal management companies, insurance companies, attorneys, and private individuals.
We are committed to providing consistent high quality appraisals within the fastest possible turn around time and to deliver diligent, courteous and professional services.
Diana S. Looney is a State Licensed Residential Appraiser with 23 Years appraisal experience, and is the company owner. License #1201004218