Frequent Questions About Aura Appraisals Inc. and the Valuat

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 A legally-defensible appraisal is a vital element of practically any residential real estate transaction 

• Mortgage purposes when buying or renovating a home
• Selling property for an objective opinion of value
• Property tax appeals and other tax purposes
• "Replacement Cost New" for home insurance
• Economic rent report for an investment property
• Refinancing property to get a lower mortgage rate
• Estate planning and probate
• New home construction draws
• Substantial renovation of your dwelling
• Divorce settlements

Establishing value from a legal standpoint requires a comprehensive list of verifiable metrics including, among many others,

• Precise as-built measurements inside and out*
• Heating and other mechanical installations 
• Household utility infrastructure
• Age of the home and any additions
• The value of comparable homes in similar locations as available.

There are numerous ways to improve the value of your home from repainting to major renovations. To learn how to make the appraisal process go smoothly, check out our feature report. We also have a guide to how much various renovations will impact your return on Investment here.

From your lender's point of view, they would not have to incur this expense except for your goal of accessing investment money. It essentially protects both the home-owner and the lender from over-paying for a property or renovation, or under-insuring the residence.

 Aura International Inc. was incorporated on December 22, 1997 for the purpose of pursuing international construction contracts. The company was used as an appraisal contracting business from July 3, 2001 to October 16, 2008 when it was changed to Aura Appraisals Inc. in order to operate an independent appraisal consulting company. 

Aura's agents are family people, too and understand the importance of keeping your family safe during the valuation process. As a result we have developed a Covid-19 Policy available here.