New Bern NC Real Estate Appraisers
When you are purchasing property it is important to know
what the fair market value of the property is. A
professional Real estate appraisal performed by a
qualified,
state-licensed appraiser
can provide you with an
objective, third party
opinion of a property's
current Market Value.
If you have owned your house for some time and have
been paying PMI, another
reason you might want to have an appraisal is so you can
have the Private Mortgage Insurance removed from your loan.
PMI is required on most loans when more than 80% of the
value of the home is financed. Once you have paid the
mortgage down to 80% of the value or less, you no longer are
required to continue to have PMI. The only way to prove this
is by having an appraisal done.
For more information on PMI
Click Here
DIVORCE
SETTLEMENT
A divorce can
be a particularly
traumatic experience for
oth parties and is
often further
complicated by the
difficult decision of
"Who gets the house?".
In most divorce cases,
the Court won't usually
force the parties
involved to "buyout" the
other party's interest
but it may however order
the sale of the home so
each party gets an equal
share of the equity.
Regardless of the
situation, it's a good
idea to order an
appraisal so both
parties are fully aware
of what the true market
value is.
If the parties want
to sell the home,
they'll have a better
idea of what price to
set. And on the
flipside, if a "buyout"
is the chosen option,
both parties will feel
like they've gotten a
fair assessment.
ESTATE
LIQUIDATION
The death of a
spouse or family member is a difficult
time in life and
settling an estate from
a death, or probate,
often requires an
appraisal to establish
Fair Market Value for
the residential property
involved.
Unlike many wealthy
individuals, the
majority of Americans do
not have dedicated
estate planners or
executors to handle
these issues. Also, in
most cases, a home or
other real property
makes up a
disproportionate share
of the total estate
value.
Here too, an
appraiser can help.
Often the first step in
fairly disposing of an
estate is to understand
its true value.
Where property is
involved, the appraiser
can help determine the
true value. At
this point, equitable
arrangements can more
easily be arrived at
among disputing parties.
Everyone walks away
knowing they've received
a fair deal.
HOME
IMPROVEMENTS TO ADD
VALUE
Before you decide to
sell your home, there
are several decisions to
be made. First and
foremost: "How much
should it sell for?"
But don't forget there
may be other equally
important questions to
ask yourself such as
"Would it be better to
paint the entire house
before we sell it?",
"Should I put in that
third bathroom?",
"Should I complete my
kitchen remodel?" Many
things which we do to
our houses have an
effect on their value.
Unfortunately, not all
of them have an equal
effect. While a kitchen
remodel may improve the
appeal of a home, it may
not add nearly enough to
the value to justify the
expense.
SELLING A
HOME
Whether you choose to
sell your home on your
own or use the
assistance of a real
estate agent, a
professional appraisal
can help you make a
better educated decision
when determining your
selling price.
An appraiser has
no vested interest in
what amount the house
sells for. It's easy
for them to step in and
give you the information
to help you make your
decision. Appraiser
fees are based on
efforts to complete the
report and not a
percentage of the sales
price. So seeking a
professional appraisal
can often help
homeowners make the best
decisions on investing
in their homes and
setting a fair sales
price.
Below is a list of
some of the Certified Real Estate Appraisers in New Bern
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