Starkey Mortgage (WR Starkey Mortgage, LLP NMLSR #2146) aims to make sure that every home buyer understands the importance of appraisals and that it is a key component to obtaining a mortgage for your new Atlanta home. An accurate appraisal is a huge part of the loan approval process because lenders want to make sure that the property being bought is worth at least the purchase price that is being paid for it.

The National Association of Home Builders (NAHB) has made it a priority to enact reforms that will ensure that appraisals reflect accurate home values. However, there are ways to ensure that your appraisal is done correctly.

• Make sure that the builder has shared any pertinent, objective information about the home with the appraiser, such as plans or specifications about the property; details and warranties on chosen materials or any recent, comparable sales information. While builders cannot discuss the cost or value of the home, they can provide information and documentation that is factual.
• Make sure that the builder of your home or knowledgeable staff is available during the appraisal process to answer questions or requests from the appraiser. It is important to remember that an appraisal is an independent valuation of the property and any discussion regarding the value listed in the report is strictly prohibited.
• Stage the property just like you would if you were trying to sell your home. An appraiser is more likely to look favorably on a home that has curb appeal and is clutter-free.
• Document any and all communication you have with the appraiser through detail records. Also, make sure to keep copies of any information you supply to the appraiser throughout the process.

Starkey Mortgage provides in-house process and underwriting, and the company prides itself on offering timely closings and competitive rates. Starkey exercises controlled growth and works closely with Atlanta new home buyers and builders to give them an assured experience.