Getting an appraisal from William G. Bowen Inc.To many, an appraisal is simply another cost on the break-sheet for a home purchase or refinance. And even though there are a developing number of automated home valuation methods that may seem more cost-effective than an appraisal, nearly all lenders still want a local expert because the stakes are so high. But is securing a mortgage the only basis for getting an appraisal? Are there other times when the services of a licensed, independent real estate professional could be beneficial? Of course.
Let William G. Bowen Inc. help you appeal your tax assessment in Washington CountyIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from William G. Bowen Inc. is your best evidence when building your case. At William G. Bowen Inc.,we can assist you in challenging your tax assessment.
PMI removal will lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the real estate, most lenders ask home owners to buy an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI becomes 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 passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, William G. Bowen Inc. can produce a statement regarding the value of your home. The price you paid for the home valuation can often be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from William G. Bowen Inc.A divorce is an especially traumatic ordeal for the parties involved, and it is often further complicated by the strenuous decision of who gets the house. It's a good idea to get an appraisal from William G. Bowen Inc. so both parties are fully aware of the true market value of their property, regardless of the situation.
If the parties need 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 gotten a fair evaluation.
Trustworthy 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 Market Value for the real estate 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 do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up a disproportionate 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 leave knowing they've received a fair deal.
William G. Bowen Inc. can help you with relocating to or from Washington CountyEmployee relocation is a stressful event. We know where you're coming from! That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any recent sales or listings in their area that they want considered.
Sell your home quickly at the right price with an appraisal from William G. Bowen Inc.Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are derived from 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 items like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable way to decide 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 homes stay on the market.