Let Brightco Appraisal Services LLC. handle your appraisalThousands of people in Pennsylvania buy, sell or refinance their home every month. A lot of these transactions include a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that may seem less expensive than an appraisal. You might believe that securing a mortgage is the only reason you should get an appraisal, but there are additional situations when the services of a certified, independent real estate professional might be beneficial.
Dispute your tax assessment in Berks CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your real estate, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from Brightco Appraisal Services LLC. is your best evidence when building your case. At Brightco Appraisal Services LLC., we're capable of assisting you in challenging your tax assessment.
Getting rid of your PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask homeowners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. More often than not, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is bad because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Brightco Appraisal Services LLC. will give you a statement regarding the value of your home, and the cost of the appraisal can usually be offset in little time because you'll no longer be paying the PMI.
An appraisal from Brightco Appraisal Services LLC. will help you settle a divorce with less stressA divorce is often complicated by the strenuous decision of who gets the home, and it can be an especially heartbreaking experience for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from Brightco Appraisal Services LLC., regardless of the circumstances.
The parties will have a a good idea of what price to set, if they wish 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.
Settling an estate with peace of mindThe 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 real estate involved. We ensure the utmost 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 take care of these issues, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Brightco Appraisal Services LLC. can help you with relocating to or from Berks CountyEmployee relocation can be a stressful event. We know where you're coming from! That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive process, we suggest relocating employees to provide input on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered.
Don't sell out for too little or let your home stay on the market too long.Whether 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 better educated decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they are based on our efforts to finish the appraisal.
On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a reliable way to determine 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.