Why obtain an appraisal from Holloway Appraisals, LLC?To a lot of people, an appraisal just looks like one more thing in the long list of items for a home sale or refinance. While there are a growing number of automated home valuation processes that may appear more practical than an appraisal, the majority of lenders still want a local expert because the stakes are so high. But is obtaining a mortgage the only reason to acquire an appraisal? Are there other instances when the services of a certified, independent real estate professional might come in handy? You bet there are.
Let Holloway Appraisals, LLC help you dispute your tax assessment in Washington CountyIf you reside 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 Holloway Appraisals, LLC is your best evidence. We're equipped to assist you in challenging your tax assessment.
Holloway Appraisals, LLC can help you do away with PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask home buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the property. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't required 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 passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
Holloway Appraisals, LLC will provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI.
An appraisal from Holloway Appraisals, LLC will help you settle a divorce with less stressA divorce can be an especially daunting ordeal for both parties, and it is often further complicated by the challenging decision of who keeps the home. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from Holloway Appraisals, LLC, regardless of the situation.
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 received a fair evaluation.
Accurate and fair estate liquidation with Holloway Appraisals, LLCSettling an estateThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish 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 do not have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal.
Holloway Appraisals, LLC can help you with relocating to or from Washington CountyWe are familiar with the stress associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive process, we encourage employees that are moving to provide feedback on the positive aspects of their property, along with information regarding any recent sales or listings in their area that they want considered.
Selling your home quickly at the right priceA professional appraisal will help you make a more informed decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees depend on our efforts to perform the appraisal report and and aren't related to the sales price.
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 decide 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 properties are one the market.