Kitty:Date: 8/11/2005 4:18:24 PM
Author:kittykat
I understand that most online vendors provide appraisals. Is that true? If so, is their stated appraisal value over the rpice they are asking? I so, by how much?
RockDoc,Date: 8/12/2005 12:31:29 PM
Author: kittykat
... Are there any internet consumers that can also share their experiences?
I''m not asking if I should rely on a vendor appraisal. I''m just wondering what people''s experiences of vendor appraisals are. For example, if someone bought a stone from BlueNile and they were provided an appraisal from them, did their independent appraisal exceed, fall short, or match the vendor appraisal.Date: 8/12/2005 5:36:37 PM
Author: RockDoc
Would you buy a house where the seller, or someone the SELLER paid do the home inspection and appraisal ( valuation ) ?
If you would.... GOOD LUCK!
Rockdoc
Oftentimes, yes, the price is higher than the sale price for the diamond(s).Date: 8/11/2005 4:18:24 PM
Author:kittykat
I understand that most online vendors provide appraisals. Is that true? If so, is their stated appraisal value over the rpice they are asking? I so, by how much?
Thanks Leonid you are right. Though the responses I''ve recieved have been very helpful as well.Date: 8/12/2005 5:41:57 PM
Author: Pricescope
RockDoc,Date: 8/12/2005 12:31:29 PM
Author: kittykat
... Are there any internet consumers that can also share their experiences?
Question is obviously posed to consumers.
I just want to point out that Rock's point, while well-taken, is a bit vested as well.Date: 8/12/2005 5:36:37 PM
Author: RockDoc
Would you buy a house where the seller, or someone the SELLER paid do the home inspection and appraisal ( valuation ) ?
If you would.... GOOD LUCK!
Rockdoc
AljDate: 8/12/2005 5:58:23 PM
Author: aljdewey
Date: 8/12/2005 5:36:37 PM
Author: RockDoc
Would you buy a house where the seller, or someone the SELLER paid do the home inspection and appraisal ( valuation ) ?
If you would.... GOOD LUCK!
Rockdoc
Everything has its purpose. Sometimes an independent appraisal is the only way to go....other times, it''s overkill.....like putting $1000 high performance tires on a 10-year old, beat-up, former performance car that''s only worth $900 total.
Date: 8/12/2005 5:58:23 PM
Author: aljdewey
Date: 8/12/2005 5:36:37 PM
Author: RockDoc
Would you buy a house where the seller, or someone the SELLER paid do the home inspection and appraisal ( valuation ) ?
If you would.... GOOD LUCK!
Rockdoc
I just want to point out that Rock''s point, while well-taken, is a bit vested as well.
No one disputes the value of an independent appraisal, but I think it''s important to weigh that value against the purchase being considered. It makes sense to spend $150 or so to appraise/verify a $6k purchase. It makes less sense to spend $150 to appraise/verify a purchase under $1K.
Similarly, it makes more sense to get a hugely detailed appraisal on a piece I''ll be extremely fussy about in the event I incur a loss and have to replace it, such as my e-ring, and less sense on a piece I''d be less fussy about (earrings.)
For us, the purchase of an e-ring stone was significant and something we wouldn''t readily be able to replace at our own expense without feeling the cost. Hence, it was pretty important for us to get an independent appraisal on it.
However, when we bought the sidestones to modify e-ring into a 3-stone, the total for the 2 stones was $900. All I cared about was 1A cut stones; didn''t have to have the H&A pattern on the sidestones. I was fine with the vendor''s appraisal at that point because a) I could afford to absorb the loss, and b) wasn''t expecting perfection according to my definition.
Everything has its purpose. Sometimes an independent appraisal is the only way to go....other times, it''s overkill.....like putting $1000 high performance tires on a 10-year old, beat-up, former performance car that''s only worth $900 total.
Honestly, Rock, I think an engagement ring is an important purchase period.......so you''re right, it doesn''t matter how much is spent on that purchase.Date: 8/12/2005 11:38:12 PM
Author: RockDoc
But for me, if a person is only spending $ 1500.00 for an engagement ring, that $ 1500.00 for him is just as important as someone with a $ 15000.00 budget.