Why you should order an appraisal from Capwell Appraisal ServicesTo many, an appraisal is simply another fee on the settlement sheet for a mortgage or refinance. And while there are a developing number of automated home valuation processes that might appear more prudent than an appraisal, nearly all lenders still need a local expert because the stakes are incredibly high. You might think that securing a mortgage is the only reason you should get an appraisal, but there are more situations when the services of a certified, independent real estate professional could be beneficial.
Dispute your tax assessment in Effingham CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Capwell Appraisal Services is your best evidence. We're equipped to assist you in appealing your tax assessment.
How can you get rid of PMI to lower your mortgage payment?When the amount being loaned to the home buyer is more than 80% of the actual value of the home, most lenders ask home buyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases 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 dismiss the PMI payments when the loan-to-value ratio conditions have been met.
Capwell Appraisal Services will provide you with a statement regarding the value of your home, and the cost of the home valuation can generally be offset in a short amount of time because you'll no longer be paying the PMI.
An appraisal from Capwell Appraisal Services will help you settle a divorce with less stressA divorce is often complicated by the troublesome decision of who gets the property, and it can be a very traumatic ordeal for both parties. Regardless of the situation, it's wise to order an appraisal from Capwell Appraisal Services so both parties are completely aware of the true market value of their house.
The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the absolute value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Let Capwell Appraisal Services help you with relocating to or from Effingham CountyWe are aware of the stress associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we encourage employees that are moving to provide input on the positive characteristics of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.
Don't sell out for too little or let your home stay on the market too long.Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal.
We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.