Why you should get an appraisal from Wickwire Appraisals IncTo a lot of us, an appraisal is simply another cost on the settlement sheet for a home purchase or refinance. The majority of lenders still want a local expert because the stakes are very high, even though there are a budding number of automated home valuation systems that may appear cheaper than an appraisal. You might think that obtaining a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a certified, independent real estate professional might come in handy.
Let Wickwire Appraisals Inc help you challenge your tax assessment.
If you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Wickwire Appraisals Inc is your best evidence when building your case. At Wickwire Appraisals Inc, I can assist you in challenging your tax assessment.
Let Wickwire Appraisals Inc help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the property, nearly all lenders ask home owners to take out an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.
Wickwire Appraisals Inc will give you a statement regarding the value of your home, and the cost of the home valuation can often be regained in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Wickwire Appraisals IncA divorce is a particularly traumatic ordeal for the parties involved, and it is often further complicated by the troublesome decision of who maintains the property. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Wickwire Appraisals Inc, regardless of the situation.
If the parties want to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. I guarantee the maximum degree of discretion, as i am bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these issues. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Let Wickwire Appraisals Inc assist you in relocatingMoving due to a job change can be a real painWe know where you're coming from. That being said, I take great care in establishing an accommodating appointment time for the appraisal inspection. I encourage relocating employees to provide feedback on the positive aspects of their property, along with information about any new sales or listings in their area that they want considered during the thorough process.
Don't sell out short or keep your home on the market too long.Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The fees are based on our efforts to finish the appraisal report and not a percentage of the sales price.
On a daily basis, I analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And I am knowledgeable as to how long properties stay on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market too long, costing you hassle and money.