Will I need to get an appraisal?
Carolina Capital Management, LLC will order an appraisal from a qualified appraiser of their choosing who is familiar with evaluating investment properties. The appraiser will determine an “after repaired value” (ARV) based on the list of repairs that you and/or your contractor will be completing.
The cost of the appraisal is usually between $475-$600. Commercial or multiple units could be substantially higher.
Rush fees may be incurred for appraisals needed in less than 5-7 business days.