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Let Young Appraisal Company, Inc. serve your appraisal needs

Thousands of people in Texas purchase, sell or refinance their home every year. Most of these transactions include a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation processes that might appear to be more practical than an appraisal. You might think that obtaining a mortgage is the only reason to get an appraisal, but there are more cases when the services of a licensed, independent real estate professional might be helpful.

Let Young Appraisal Company,  Inc. assist you in lowering your mortgage payment

Challenge your tax assessment in Tarrant County

It's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your real estate, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from Young Appraisal Company, Inc. is your best evidence when building your case. We can assist you in disputing your tax assessment.

Remove PMI to lower your mortgage payment

When the amount being loaned to the homebuyeris more than 80% of the actual value of the property, almost all lenders ask home owners to buy this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this added payment is folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

Young Appraisal Company, Inc. will produce a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI.

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Divorce settlement with fewer hang-ups

A divorce is a particularly daunting experience for the parties involved, and it is often more complicated by the troublesome decision of who maintains the house. It's a good idea to order an appraisal from Young Appraisal Company, Inc. so both parties are fully aware of the true market value of their home, regardless of the circumstances.

The parties will have a good idea 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 gotten a fair assessment.

Ascertain a fair and accurate 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 calls for an appraisal to establish Fair Market Value for the real estate involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Move to or from Tarrant County for work

We are aware of the headaches associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered.

Close on your home promptly — for an accurate price

A professional appraisal will help you make a better educated decision when determining your asking price, whether you decide 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 a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal report.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long housesare on the market. So, seeking 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.

Let Young Appraisal Company,  Inc. help you sell your home quickly at the right price