There are lots of reasons consumers call on The August Group Inc.To a lot of us, an appraisal just looks like another cost in the long list of items for a home sale or refinance. While there are a budding number of automated home valuation methods that may appear more cost-effective than an appraisal, almost all lenders still call for a local expert because the stakes are incredibly high. But is securing a mortgage the only basis for getting an appraisal? Are there also cases when the services of a certified, independent real estate professional might be helpful? You bet.
Appeal your tax assessment in Saint Louis CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from The August Group Inc. is your best evidence. We're equipped to assist you in challenging your tax assessment.
Let The August Group Inc. assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask home owners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the property. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to do away with the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, The August Group Inc. will produce a statement regarding the value of your home. The expense of the appraisal can often be offset in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is often complicated by the challenging decision of who keeps the home, and it can be a particularly heartbreaking ordeal for both parties. So both parties are fully aware of the true market value of their property, it's a good idea to order an appraisal from The August Group Inc., regardless of the circumstances.
The parties will have a clearer picture 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 gotten a fair evaluation.
Accurate and fair estate liquidation with help from The August Group Inc.Settling an estateThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails 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 fullest degree of discretion.
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the precise value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
The August Group Inc. can assist you in relocating to or from Saint Louis CountyMoving due to a job change can be a stressful event. We know where you're coming from! We take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough process, we encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered.
Selling your home quickly at the right price with an appraisal from The August Group Inc.Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they depend on our efforts to complete the appraisal.
We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. 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 - because we're experts in knowing how long properties are one the market.