Ordering an appraisal from Deborah B. TrustyEvery year, thousands of people in South Carolina buy, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. While there are a multiplying number of automated home valuation systems that may appear to be more practical than an appraisal, the majority of lenders still need a local expert because the stakes are so high. But is getting a mortgage the only reason to acquire an appraisal? Are there other times when the services of a licensed, independent real estate professional might come in handy? You bet there are.
Let Deborah B. Trusty help you challenge your tax assessment in Charleston CountyIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Deborah B. Trusty is your best evidence. At Deborah B. Trusty, we're qualified to assist you in disputing your tax assessment.
Removing PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask home buyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Oftentimes, this extra payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. 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 do away with PMI, Deborah B. Trusty will give you a statement regarding the value of your home. The price you paid for the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the strenuous decision of who maintains the house, and it can be a particularly heartbreaking event for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Deborah B. Trusty, regardless of the situation.
The parties will have a clearer picture of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We ensure 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 wealthier 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 essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Deborah B. Trusty can assist you in relocating to or from Charleston CountyMoving due to a job change can be a real pain, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we recommend relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right priceWhether you want 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 when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't contingent upon the value we come up with, but rather they rest on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to determine 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 an unnecessarily long time - because we're experts in knowing how long houses are one the market.