Volume I, Issue 3 June, 2004
 

Introduction

Metro-West and World Appraisal is now offering a free monthly newsletter to help better serve our clients. Each month you will receive a newsletter with helpful tips, recent articles, monthly jokes and any upcoming events. Please let us know if you have any suggestions you would like to see in our newsletter. We will also be answering any questions you might have.
 
 
 
 
 
 

Tip of the Month

Want to help expedite the appraisal process?
 
 
 
 
 

The following items, if available from your client, will help the appraiser provide a more accurate appraisal in a shorter amount of time:

  • A survey of the house and property; a deed or title report showing the legal description.

  • A list of personal property to be sold with the house if applicable.

  • A copy of the original plans & specifications, the date and purchase price your client paid when they purchased the property (required by federal law, if client purchased the home within the last 3 years).

  • A list of recent improvements and costs, as well as any other information you feel may be pertinent.

Click here for appraisal tips and FAQ's.
 
 

Improvements That Payback
 

Project

Cost

Average Payback

New heating or air conditioning

$2,000 - $4,500

90%-100% (heating) 70%-90% (air conditioning)

Minor kitchen remodeling

$2,000 - $8,500

85%-95%

Major kitchen remodeling

$9,000 - $25,000

70%-90%

Added bathroom

$5,000 - $12,000

80%-90%

Added family room

$30,000

70%-85%

Remodeled bathroom

$8,500

70%-75%

Added fireplace

$1,500 - $3,000

70%-80%

Replace windows

$6,000 - $15,000

65%-75%

New deck

$6,000 - $20,000

50%-75%

Added pool

$10,000 - $30,000

0-50% (climate dictates)

Install/upgrade landscaping

$1,500 - $15,000

30%-60%

Finished basement

$3,000 - $30,000

20%-50%

These percentages and costs are estimates compiled from several published surveys and may vary from region to region; price range and current supply & demand.

http://houseandhome.msn.com
 

Joke of the Month

As a senior citizen was driving down the freeway, his car phone rang.

Answering, he heard his wife’s voice urgently warning him, “Herman, I just heard on the news that there’s a car going the wrong way on Interstate 280. Please be careful!”

“Hell,” said Herman, “it’s not just one car, it’s hundreds of them!”
 

Need An Appraisal?

We service the entire United States!

 For all coverage areas and fees please visit us at:

www.worldappraisal.com

www.metrowestappr.com
 

We are now adding a new section to our newsletter. Thanks for the great suggestions!

Last months winner Andrea Mucha from ABN AMRO won a $40.00 Gift Certificate to Red Lobster for her great suggestion!

Funny Stories from Appraisers

It was the first inspection of the day, around 8:30 or so. The young lady let me in, and asked if I wanted some coffee. I politely refused the offer and thanked her. The homeowner said to go ahead and do whatever I needed to do, and she would be in the kitchen if I had any questions.

At about this time a little boy, around two years old or so, came walking down the hallway, wearing p.j's, with his head down. He got up to me and immediately wrapped his arms around my knees, Isn't that cute I thought. The toddler looked up at me with his sleepy smile, which immediately turned to abject horror...I can imagine what he might have thought.. What's happened to my Daddy, where's his hair, what happened to his youthful countenance, yikes I'm getting out of here.

His screams of panic brought his Mother from the kitchen. I explained the situation, she gave me a little smile as she tried to calm her son. I completed the inspection and left. These sort of traumatic events can cause nightmares for sure, but when they do I just get up, have a glass of water and go back to sleep...
 

Meet our Staff

These are the friendly faces of our receptionists, at our Corporate Office in Farmington Hills.


           Crystal           Jaclyn            Jessica
 

Visit us today

If you missed a copy of one of our newsletters you can get them on our website, under the news section, at: www.metrowestappr.com or www.worldappraisal.com
 


 
 

Did You know

For all of you who asked about our newsletter, we would like to introduce Morton Marketing as the creator of this monthly newsletter. Morton Marketing also offers search marketing, which we implemented about 90 days ago. Since inception of the search marketing program, we have experienced a 2000% increase in web traffic, processed over 150 online orders, added over 35 new mortgage lenders, and recorded over 5000 search engine referrals. We highly recommend Morton Marketing for your email marketing, search marketing, or web design interests.

You can visit Morton Marketing at www.mortonmarketing.com or you can contact our account representative, Matt Morton at mattmorton@mortonmarketing.com
 
 

Suggestions

Thanks for all your suggestions!  We appreciate everyone’s contribution in making our newsletter better.  We still encourage everyone to send us your suggestions and would like to get more feedback on what you would like to see in our newsletter.

Please email us at: marketing@metrowestappr.com
 

Questions & Answers

 Please email us at marketing@metrowestappr.com

Your questions and our reply will appear in next months issue.
 

PRIVACY NOTICE

This email communication is sent as a service to our customers. Metro-West and World Appraisal respects internet privacy.
If you do not wish to receive future email communications, please unsubscribe by replying to this message with "unsubscribe" in the subject line or click the link at the bottom of this message.

Thank you.