Why would you need an appraisal from Bridge Appraisals, LLC?To a lot of us, an appraisal just looks like a line item in the long list of items for a mortgage or refinance. Practically all lenders still call in a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that may appear more practical than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there other cases when the services of a licensed, independent real estate professional might be helpful? Of course.
Let Bridge Appraisals, LLC help you appeal your tax assessment in Charleston CountyIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a previous assessment of your home, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Bridge Appraisals, LLC is your best evidence. At Bridge Appraisals, LLC, we're equipped to assist you in disputing your tax assessment.
Let Bridge Appraisals, LLC assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that almost all lenders ask homeowners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Very often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Bridge Appraisals, LLC will provide you with a statement regarding the value of your home. The price you paid for the appraisal can usually be regained 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 burdensome decision of who keeps the home, and it can be a particularly traumatic ordeal for both parties. It's a good idea to get an appraisal from Bridge Appraisals, LLC so both parties are completely aware of the true market value of their property, regardless of the situation.
If the parties wish 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.
Accurate and fair estate liquidationThe death of a loved one is a difficult 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 fullest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Bridge Appraisals, LLC can assist you in relocating to or from Charleston CountyMoving due to a job change can be a real pain. We know where you're coming from! That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our detailed process.
Let Bridge Appraisals, LLC help you sell your home quickly at the right priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't contingent upon the value we come up with, but rather they depend on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, seeking 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.