waterfront properties

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blog-dauphin-island-entrance-signage-03There are 25 available sales reported within the Mobile Area Association of Realtors MLS records for the third quarter of 2016. These sales include condominium units as well as homes located on the water and off the water ranging in sale price from $119,900 for a 2 bedroom, 2 bathroom condominium unit to a waterfront residential property having over 3900 ft.² selling for $660,000. The majority of these recent residential sales have either 3 or 4 bedrooms and 2 or 3 full bathrooms selling for very affordable prices. The average price is $297,812 and the average cost/square footage is $174.89; the median price is $265,000.

 

This information is provided by Al Cheney, Cheney Appraisal Services, having over 35 years’ experience within the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Al Cheney is ready to assist you with all your personal non-financial requirements, such as, legal or tax requirements or thinking about selling your residential property. For many years, Al Cheney has advertised very appealing appraisal assignment fees for a straightforward appraisal opinion report depending on complexity and or location. Al Cheney offers only $275 for a non-complex or non-waterfront residential property located on Dauphin Island. More complex and or waterfront properties as well as undeveloped acreage or land will be quoted on a case-by-case basis.

 

Call Al Cheney at 251-533-2424 today and talk about fulfilling your personal appraisal requirements. Al Cheney is ready to assist you and answering any concerning questions regarding the appraisal process and satisfying your appraisal report needs.

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Unfortunately, if you are refinancing or purchasing a home by obtaining a mortgage loan through a lender, your home appraisal fee will probably be $350-$500 depending on lender internal requirements as well as their choice of an Appraisal Management Company (AMC); since 21 July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act created significant financial regulation over mortgage lenders and has also been more detrimental to the consumer in regards to more documentation and higher costs. The mortgage lending red tape has harmed good real estate appraisers trying to adhere to all of the numerous and onerous new regulations for appraisal opinion reporting. The government’s creation of more and more red tape for mortgage lenders has not been helpful but a direct detriment to consumers, home appraisers and the real estate industry as a whole.

 

Al Cheney is a Certified Residential Real Property Appraiser in the State of Alabama who offers special “non-financial” appraisal opinion reporting primarily within Baldwin County and Mobile County. Most residential appraisal fees will range from $225-$275 depending on location; more complex properties and or waterfront properties are quoted on a case-by-case basis. If you are a consumer/homeowner requiring an appraisal opinion report for estate settlement, property tax reduction and or any other reason not requiring a mortgage loan, call Al Cheney at 251-533-2424 today and discuss your real estate appraisal problem.

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