Getting an appraisal from NCW Appraisal

To many, an appraisal just looks like a line item on the break-sheet for a mortgage or refinance. While there are a developing number of automated home valuation methods that may appear to be more practical than an appraisal, nearly all lenders still need a local expert because the stakes are so high. But is obtaining a mortgage the only reason you should get an appraisal? Are there more situations when the services of a licensed, independent real estate professional could come in handy? You bet.

For real estate appraisals in Wenatchee and Chelan County, it's easiest when your order online from NCW Appraisal, just click here.

Appeal your tax assessment in Chelan County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a past assessment of your real estate, so if values have declined in your area, you can challenge your assessment and save money. An appraisal from NCW Appraisal is your best evidence when building your case. At NCW Appraisal, we're capable of assisting you in appealing your tax assessment.

NCW Appraisal can help you do away with PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask home buyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the home. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remaining balance 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 eliminate the PMI payments when the balance is paid down to 78% of the original value.

NCW Appraisal will produce a statement regarding the value of your home, and the cost of the home valuation can often be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from NCW Appraisal

A divorce is a very traumatic experience for the parties involved, and it is often more complicated by the hard decision of who keeps the property. Regardless of the circumstances, it's prudent to order an appraisal from NCW Appraisal so both parties are fully aware of the true market value of their house.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Trustworthy estate liquidation

Losing 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 real estate involved. We ensure the maximum 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 affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.

Relocating to or from Chelan County?

We know the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their area that they want considered.

Don't sell out short or keep your home on the market too long.

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated 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 calculated on our efforts to complete the appraisal report and and aren't related to the sales price.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, seeking 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 too long, costing you hassle and money.