Let Young Appraisal Company, Inc. serve your appraisal needsTo many, an appraisal just looks like another fee on the break-sheet for a home purchase or refinance. And while there are a multiplying number of automated home valuation methods that might seem more cost-effective than an appraisal, most lenders still want a local expert because the stakes are incredibly high. Is securing a mortgage the only reason you should get an appraisal? Are there also times when the services of a licensed, independent real estate professional could come in handy? Absolutely. ![]() Dispute your tax assessmentIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a previous assessment of your house, so if prices have declined in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. We're qualified to assist you in disputing your tax assessment. PMI removal to reduce a mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask homebuyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't necessary when the remaining balance 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. If you'd like to get rid of PMI, Young Appraisal Company, Inc. can produce a statement regarding the value of your home. The price you paid for the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI. Order an appraisal from Young Appraisal Company, Inc. Order todayDivorce settlement with fewer hang-upsA divorce is often complicated by the burdensome decision of who keeps the house, and it can be a very daunting occurrence for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Young Appraisal Company, Inc., 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 gotten a fair evaluation. Accurate and fair estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property 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). Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. 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 essential importance to ensuring disputing parties leave knowing they've gotten a fair deal. Relocate to or from Tarrant County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered during our intensive inspection. Close on your home promptly — for an accurate priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report. We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesstay 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. ![]() |