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Why you should get an appraisal from Anderson & Associates

Thousands of people in Washington purchase, sell or refinance their home each month. Many of these transactions involve a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that might appear cheaper than an appraisal. You might think that getting a mortgage is the only basis for getting an appraisal, but there are additional situations when the services of a licensed, independent real estate professional could be beneficial.

Let Anderson & Associates assist you in lowering your mortgage payment

Appeal your tax assessment in Clark County

If you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Anderson & Associates is your best evidence when building your case. We can assist you in challenging your tax assessment.

Remove PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask homeowners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Oftentimes, this additional payment is folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Anderson & Associates can produce a statement regarding the value of your home. The cost of the home valuation can usually be offset in little time because you'll no longer be paying the PMI.

Order your appraisal from Anderson & Associates today

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Divorce settlement with less stress

A divorce is often complicated by the burdensome decision of who maintains the home, and it can be an especially daunting experience for both parties. It's a good idea to get an appraisal from Anderson & Associates so both parties are entirely aware of the true market value of their home, regardless of the circumstances.

The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Ascertain a fair and accurate valuation for estate liquidation

The loss 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 Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.

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 unequal share of the total estate value, so understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Move to or from Clark County through an employee relocation program

Employee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our detailed inspection.

Close on your home quickly — at the right price

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, seeking a professional appraisal is a reliable 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.

Let Anderson & Associates help you sell your home quickly at the right price