Altermatt Appraisal Services LLC
The Market Is Changing... And We Know How To Measure It
“I remember this little bungalow for sale in west Toledo, a prospective buyer had hired me to perform an appraisal. After arriving at the property and entering the home it was obvious that something was off. The property was in rough shape. Part of the appraisal process includes researching the previous marketing and transfer history of the property. A recent listing showed the same property, in the same condition, selling for $19,000 just a few months prior. The seller was asking $71,000.
I called the seller to gather intel about any updates or improvements that were made since he purchased a few months prior, as well as discuss the terms of the previous transfer. He proceeded to tell me how the kitchen and bath were remodeled and other items were replaced. It was obvious he was not being truthful. I completed the report and delivered it to my client. After an unsuccessful negotiation, my client ended up buying a different house in the same neighborhood at a fair price.
That property ended up sitting on the market for several months and was reduced in price multiple times before finally being withdrawn.
There are always people out there trying to take advantage of others. The role of an appraiser is to be objective and report the facts. We identify and understand the property, how it fits into the market, and provide an opinion of value so our client can make an informed decision."
-Bill Altermatt, SRA
Owner & Chief Appraiser
We provide residential appraisals in Lucas, Fulton & Wood County. Residential properties include single family homes, 2-4 unit multi-family properties, condominiums, and vacant land.
Our in the field expertise includes the following:
✅ Estate appraisals
✅ Divorce appraisals
✅ Insurance appraisals
✅ Pre-listing appraisals
✅ PMI Removal appraisals
✅ Mortgage finance appraisals for banks and credit unions.
If you would like to work with a local expert, please send an email to email@example.com and include the following: your name, phone number, address of the property in question, and why you need an appraisal.