Reasons someone would use the services of John Howard Appraisal ServiceEvery year, thousands of people in North Carolina purchase, sell or refinance their home. Most of these transactions consist of a simple line item for an appraisal. Almost all lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may appear to be more cost-effective than an appraisal. You might think that getting a mortgage is the only reason you should get an appraisal, but there are more cases when the services of a licensed, independent real estate professional could be helpful.
Challenge your tax assessment in Iredell CountyIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from John Howard Appraisal Service is your best evidence when building your case. At John Howard Appraisal Service,we can assist you in appealing your tax assessment.
Let John Howard Appraisal Service help you lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask home buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. 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.
John Howard Appraisal Service can provide you with a statement regarding the value of your home, and the price you paid for the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI.
An appraisal from John Howard Appraisal Service will help you settle a divorce with less stressA divorce can be a particularly traumatic ordeal for both parties, and it is often further complicated by the burdensome decision of who maintains the house. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from John Howard Appraisal Service, regardless of the circumstances.
The parties will have a a good idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires 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 highest degree of discretion.
Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the precise value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
Let John Howard Appraisal Service assist you in relocating to or from Iredell CountyMoving due to a job change can be a real pain, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide remarks on the positive aspects of their property, as well as information about any recent sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right price with an appraisal from John Howard Appraisal ServiceA professional appraisal can help you make a better educated decision regarding your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to finish the appraisal.
We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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.