Why you should order an appraisal from Yves Bouwens AppraisalsTo a lot of people, an appraisal is simply a line item in the long list of items for a mortgage or refinance. And even though there are a multiplying number of automated home valuation processes that might appear to be more practical than an appraisal, the majority of lenders still want a local expert because the stakes are so high. But is securing a mortgage the only basis for getting an appraisal? Are there additional cases when the services of a licensed, independent real estate professional might come in handy? Absolutely.
Appeal your tax assessment in Maui 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 Yves Bouwens Appraisals is your best evidence when building your case. At Yves Bouwens Appraisals, we're capable of assisting you in disputing your tax assessment.
Yves Bouwens Appraisals can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the property, almost all lenders ask homebuyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Yves Bouwens Appraisals can provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Yves Bouwens AppraisalsA divorce is often complicated by the difficult decision of who gets the house, and it can be an especially heartbreaking experience for both parties. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from Yves Bouwens Appraisals, regardless of the situation.
The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Settling an estate with peace of mindThe 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 Market Value for the real estate involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike many wealthy individuals. 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 essential importance to ensuring disputing parties leave knowing they've received a fair deal.
Let Yves Bouwens Appraisals assist you in relocating to or from Maui CountyWe know the headaches involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough process.
Sell your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a reliable 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 too long, costing you hassle and money.