6 Reasons to order an appraisal from Ascension Appraisal
To many, an appraisal is simply another cost on the break-sheet for a home purchase or refinance. And even though there are a budding number of automated home valuation processes that might appear less expensive than an appraisal, almost all lenders still want a local expert because the stakes are very high. Is getting a mortgage the only reason to acquire an appraisal? Are there more times when the services of a licensed, independent real estate professional might be beneficial? You bet.
Challenge your tax assessment in Worcester County
If you reside in an area where the property value has declined, 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 capable of assisting you in appealing your tax assessment.
Remove PMI to lower your mortgage payment
When the amount being loaned to the buyeris more than 80% of the actual value of the real estate, most lenders ask home owners to take out this extra 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 isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
Ascension Appraisal can produce a statement regarding the value of your home, and the expense of the home valuation can usually be regained in little time because you'll no longer be paying the PMI.
Order an appraisal from Ascension AppraisalOrder online
Get a fair valuation on a home for divorce settlements
A divorce is an especially daunting ordeal for the parties involved, and it is often further complicated by the strenuous decision of who gets the property. So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from Ascension Appraisal, regardless of the situation.
The parties will have a better 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 received a fair evaluation.
Determine a fair and accurate valuation for estate liquidation
The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an unequal 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 gotten an honest deal.
Move to or from Worcester County through an employee relocation program
Employee relocation can be a stressful event, and we understand. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide remarks on the positive characteristics of their property, as well as information about any recent sales or listings in their area that they want considered.
Close on your home promptly — at an accurate price
Whether you want 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 amount the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal report.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted 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.