Let Ascension Appraisal serve your appraisal needs
To many, an appraisal is simply another cost on the settlement sheet for a home purchase or refinance. And while there are a growing number of automated home valuation processes that might seem less expensive than an appraisal, practically all lenders still want a local expert because the stakes are so high. Is obtaining a mortgage the only reason to get an appraisal? Are there other cases when the services of a licensed, independent real estate professional might be beneficial? Absolutely.
Dispute your tax assessment
If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Ascension Appraisal is your best evidence when building your case. At Ascension Appraisal, we're qualified to assist you in appealing your tax assessment.
PMI removal to reduce your mortgage payment
Private Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask home buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Oftentimes, this additional payment is bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Ascension Appraisal will give you a statement regarding the value of your home, and the price you paid for the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI.
Order an appraisal from Ascension AppraisalOrder today
Settle a divorce with less stress
A divorce can be an especially daunting event for both parties, and it is often further complicated by the challenging decision of who gets the home. Regardless of the circumstances, it's a good idea to get an appraisal from Ascension Appraisal so both parties are fully aware of the true market value of their home.
If the parties want to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Ascertain an accurate and fair valuation for estate liquidation
The death of 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these issues. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.
Move to or from Worcester County through an employee relocation program
Employee relocation is a stressful event, and we understand. We take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide feedback 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 promptly — for 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 when determining your selling price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price.
We examine the difference in value things 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 a suitable 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.