Getting an appraisal from Wilder & AssociatesYear after year, thousands of people in Nebraska and Iowa buy, sell or refinance their home. A lot of these transactions involve a simple line item for an appraisal. And while there are a developing number of automated home valuation methods that may seem cheaper than an appraisal, practically all lenders still call in a local expert because the stakes are very high. But is obtaining a mortgage the only reason to get an appraisal? Are there also cases when the services of a certified, independent real estate professional could be helpful? Absolutely.
Let Wilder & Associates help you appeal your property tax assessmentIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Wilder & Associates is your best evidence. At Wilder & Associates, we're equipped to assist you in disputing your tax assessment.
Let Wilder & Associates help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, nearly all lenders ask homebuyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.
Wilder & Associates can produce a statement regarding the value of your home, and the expense of the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be an especially traumatic experience for both parties, and it is often further complicated by the strenuous decision of who maintains the home. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Wilder & Associates, regardless of the situation.
The parties will have a better idea 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 received a fair assessment.
Fair and accurate estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We guarantee the highest 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 issues, unlike wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the certain value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Relocating to or from the metropolitan area?We are familiar with the stress associated with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough process, we encourage employees that are moving to provide remarks on the positive features of their property, as well as information about any current sales or listings in their neighborhood that they want considered.
Don't sell out short or keep your home on the market too long.A professional appraisal can help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they rest on our efforts to complete the appraisal.
On a daily basis, we determine 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 a suitable 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 stay on the market.