There are lots of reasons consumers call on McCawley AppraisalTo many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. And while there are a growing number of automated home valuation methods that may appear to be more practical than an appraisal, the majority of lenders still call in a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a certified, independent real estate professional might be beneficial? Absolutely.
Let McCawley Appraisal help you challenge your tax assessment in Tulsa 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 past assessment of your home, so if values have declined in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from McCawley Appraisal is your best evidence. We're capable of assisting you in disputing your tax assessment.
How can you eliminate PMI to lower your mortgage payment?When the amount being loaned to the home buyer is more than 80% of the actual value of the home, most lenders ask buyers to buy an added insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, McCawley Appraisal will provide you with a statement regarding the value of your home. The cost of the home valuation can usually be recovered 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 hard decision of who maintains the home, and it can be a very traumatic experience for both parties. It's a good idea to order an appraisal from McCawley Appraisal so both parties are completely aware of the true market value of their home, regardless of the circumstances.
If the parties need to sell the home, they'll have a better idea 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 with help from McCawley AppraisalSettling an estateThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property 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 do not have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.
Let McCawley Appraisal assist you in relocating to or from Tulsa CountyWe are familiar with the headaches associated with an employee relocation. We take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide remarks on the positive characteristics of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Don't sell out for too little or let your home stay on the market too long.A professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Separate from 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 report, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable 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 an unnecessarily long time - because we're experts in knowing how long homes are one the market.