6 Reasons to order an appraisal from Bower Appraisal Inc.To many, an appraisal is simply another fee in the long list of items for a home purchase or refinance. And even though there are a developing number of automated home valuation methods that may appear more prudent than an appraisal, the majority of lenders still need a local expert because the stakes are very high. Is securing a mortgage the only reason you should get an appraisal? Are there other situations when the services of a certified, independent real estate professional could come in handy? You bet there are. 
Challenge your tax assessmentIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in appealing your tax assessment. PMI removal to lower your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the real estate, nearly all lenders ask homeowners to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Bower Appraisal Inc. can give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from Bower Appraisal Inc. Order todayDivorce settlement with fewer hang-upsA divorce can be an especially horrible event for both parties, and it is often more complicated by the difficult decision of who maintains the property. It's a good idea to order an appraisal from Bower Appraisal Inc. so both parties are entirely 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 clearer picture 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. Accurate and fair estate liquidationLosing a loved one is a difficult 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. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike 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 essential importance to ensuring disputing parties leave knowing they've gotten a fair deal. Move to or from Collier County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our intensive inspection. Close on your home quickly — at an accurate priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report. On a daily basis, we analyze the difference in value things 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 houses stay on the market. 
|