Why order an appraisal from H. Bruce Jones?Every year, thousands of people in North Carolina buy, sell or refinance their home. A lot of these transactions contain a simple line item for an appraisal. Most lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may appear to be cheaper than an appraisal. But is obtaining a mortgage the only reason to acquire an appraisal? Are there additional times when the services of a certified, independent real estate professional could be helpful? Absolutely.
Appeal your tax assessment in Cleveland CountyIt's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a past assessment of your house, so if prices have declined in your area, you can challenge your assessment and save money. When building your case, an appraisal from H. Bruce Jones is your best evidence. At H. Bruce Jones, we're capable of assisting you in appealing your tax assessment.
Removing PMI will lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the home, most lenders ask home owners to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, H. Bruce Jones can give you a statement regarding the value of your home. The expense of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
An appraisal from H. Bruce Jones will help you settle a divorce with less stressA divorce is a particularly daunting event for the parties involved, and it is often more complicated by the difficult decision of who keeps the house. So both parties are fully aware of the true market value of their property, it's a good idea to get an appraisal from H. Bruce Jones, regardless of the circumstances.
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 gotten a fair assessment.
Fair and accurate estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We guarantee the utmost 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 handle these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Cleveland CountyEmployee relocation is a stressful event, and we understand. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.
Let H. Bruce Jones help you 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 can help you make a more informed decision regarding your selling price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to finish the appraisal report and and aren't related to the sales price.
We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes are on the market. So, 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 for an extended amount of time.