Getting an appraisal from Bill Starnes Appraisal ServicesTo a lot of people, an appraisal just looks like another cost on the break-sheet for a mortgage or refinance. And even though there are a developing number of automated home valuation processes that may seem less expensive than an appraisal, practically all lenders still need a local expert because the stakes are so high. You might believe that securing a mortgage is the only reason you should get an appraisal, but there are additional situations when the services of a certified, independent real estate professional might come in handy.
Dispute your tax assessment in Gaston CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Bill Starnes Appraisal Services is your best evidence when building your case. At Bill Starnes Appraisal Services, we're equipped to assist you in disputing your tax assessment.
How can you get rid of PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is an added insurance plan that most lenders ask home buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the home. Very often, this extra payment is bundled into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to remove the PMI payments when the balance is paid down to 78% of the original value.
If you'd like to do away with PMI, Bill Starnes Appraisal Services can provide you with a statement regarding the value of your home. The price you paid for the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a very daunting ordeal for both parties, and it is often even more complicated by the strenuous decision of who gets the house. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Bill Starnes Appraisal Services, regardless of the situation.
The parties will have a a good idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a painful 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. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. 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 vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Gaston County?Moving due to a job change is a stressful event, and we understand. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide remarks on the positive aspects of their property, as well as information about any new sales or listings in their area that they want considered.
Let Bill Starnes Appraisal Services help you sell your home quickly at the right priceA professional appraisal will help you make a better educated decision when determining your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of the sales price.
On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.