Why obtain an appraisal from BECK APPRAISAL SERVICE?Thousands of people in Kentucky purchase, sell or refinance their home every year. Most of these transactions involve a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that may appear more practical than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are additional instances when the services of a licensed, independent real estate professional could be helpful.
Challenge your tax assessment in Kenton CountyIf you reside in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from BECK APPRAISAL SERVICE is your best evidence. At BECK APPRAISAL SERVICE, we're equipped to assist you in appealing your tax assessment.
Let BECK APPRAISAL SERVICE help you eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask homebuyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. More often than not, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't necessary when the remainder 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) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, BECK APPRAISAL SERVICE can produce a statement regarding the value of your home. The cost of the appraisal can usually be recovered in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is a particularly traumatic experience for the parties involved, and it is often more complicated by the burdensome decision of who maintains the property. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from BECK APPRAISAL SERVICE, regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Accurate and fair estate liquidation with BECK APPRAISAL SERVICESettling an estateThe death of 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
BECK APPRAISAL SERVICE can assist you in relocating to or from Kenton CountyWe are familiar with the headaches involved with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our intensive process.
Sell your home quickly at the right priceWhether 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 regarding your asking price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal.
We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, 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 too long, costing you hassle and money.