Let Young Appraisal Company, Inc. attend to your appraisal needsTo a lot of us, an appraisal is simply another fee in the long list of items for a mortgage or refinance. The majority of lenders still need a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that may appear more cost-effective than an appraisal. You might think that getting a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional might come in handy. Contest your tax assessmentIf you are in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Young Appraisal Company, Inc. is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment. Eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, almost all lenders ask homebuyers to purchase this added insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Young Appraisal Company, Inc. will provide you with a statement regarding the value of your home, and the expense of the home valuation can often be offset in little time because you'll no longer be paying the PMI. Order your appraisal from Young Appraisal Company, Inc. today Order onlineSettle a divorce with less stressA divorce is often complicated by the troublesome decision of who maintains the property, and it can be a particularly horrible experience for both parties. It's a good idea to get an appraisal from Young Appraisal Company, Inc. so both parties are entirely aware of the true market value of their property, regardless of the situation. The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain an accurate and fair valuation for estate liquidationLosing 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Tarrant County through an employee relocation programWe are aware of the headaches involved with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, along with information about any new sales or listings in their neighborhood that they want considered during our thorough inspection. Close on your home quickly — at the right priceA professional appraisal can help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable 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 an unnecessarily long time, because we're experts in knowing how long properties stay on the market. |