Appraisal Authority LLC - Kevin Burkhardt in West Caldwell perform appraisals for diverse clients
To many, an appraisal is simply another cost in the long list of items for a home sale or refinance. Even though there are a multiplying number of automated home valuation processes that may appear more practical than an appraisal, nearly all lenders still need a local expert because the stakes are so high. But is obtaining a mortgage the only basis for getting an appraisal? Are there additional times when the services of a certified, independent real estate professional might be helpful? Absolutely.
For real estate appraisals in West Caldwell and Essex County, it's easiest when your order online from Appraisal Authority LLC - Kevin Burkhardt, just click here.
Challenge your tax assessment in Essex 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 previous assessment of your real estate, so if values have gone down in your neighborhood, you can appeal your assessment and save money. An appraisal from Appraisal Authority LLC - Kevin Burkhardt is your best evidence when building your case. At Appraisal Authority LLC - Kevin Burkhardt,we can assist you in disputing your tax assessment.
Let Appraisal Authority LLC - Kevin Burkhardt assist you in lowering your mortgage payment
When the amount being loaned to the home owner is more than 80% of the actual value of the real estate, many lenders ask home buyers to purchase an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.
If you'd like to do away with PMI, Appraisal Authority LLC - Kevin Burkhardt can give you a statement regarding the value of your home. The price you paid for the appraisal can generally be offset 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 Appraisal Authority LLC - Kevin Burkhardt
A divorce is a very heartbreaking event for the parties involved, and it is often even more complicated by the burdensome decision of who maintains the property. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Appraisal Authority LLC - Kevin Burkhardt, regardless of the situation.
If the parties want to sell the home, they'll have a clearer picture 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 assessment.
Fair and accurate estate liquidation
The death of a loved one is a hard 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 ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans don't 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, knowing the precise value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Appraisal Authority LLC - Kevin Burkhardt can help you with relocating to or from Essex County
We are familiar with the stress involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.
Let Appraisal Authority LLC - Kevin Burkhardt assist you in selling your home quickly at the right price
Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Getting 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 - because we're experts in knowing how long homes are one the market.
