Reasons someone would hire Bridge to Bridge AppraisersThousands of people in California buy, sell or refinance their home each month. A lot of these transactions include a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are very high, even though there are an increasing number of automated home valuation systems that may appear more cost-effective than an appraisal. You might believe that obtaining a mortgage is the only reason to get an appraisal, but there are additional situations when the services of a licensed, independent real estate professional could come in handy.
Dispute your tax assessment in Marin CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Bridge to Bridge Appraisers is your best evidence. At Bridge to Bridge Appraisers,we can assist you in disputing your tax assessment.
Bridge to Bridge Appraisers can help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the home, almost all lenders ask home owners to buy an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI payments when the balance is paid down to 78% of the original value.
Bridge to Bridge Appraisers can provide you with a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in little time 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 more complicated by the troublesome decision of who maintains the house. It's a good idea to order an appraisal from Bridge to Bridge Appraisers so both parties are fully aware of the true market value of their property, regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidation with Bridge to Bridge AppraisersSettling an estateThe death of a loved one is a difficult 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, ensuring the highest degree of discretion.
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to manage these issues. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the precise value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Let Bridge to Bridge Appraisers assist you in relocating to or from Marin CountyWe understand the stress associated with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our thorough process.
Selling your home quickly at the right priceWhether you decide 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 asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are based on our efforts to perform the appraisal report and not a percentage of the sales price.
We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. 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 an unnecessarily long time - because we're experts in knowing how long houses are one the market.