Wells Appraisal Service in Crocker are called upon for diverse clients

To a lot of us, an appraisal is simply a line item on the break-sheet for a mortgage or refinance. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation systems that may appear to be more practical than an appraisal. You might think that getting a mortgage is the only reason you should get an appraisal, but there are more cases when the services of a licensed, independent real estate professional might come in handy.


	For real estate appraisals in Crocker and Pulaski County, it's easiest when your order online from Wells Appraisal Service, just click here.

Challenge your tax assessment in Pulaski County

If you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Wells Appraisal Service is your best evidence. At Wells Appraisal Service,we can assist you in disputing your tax assessment.

Let Wells Appraisal Service assist you in lowering your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, nearly all lenders ask homeowners to take out an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

Wells Appraisal Service can provide you with a statement regarding the value of your home, and the expense of the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is an especially traumatic experience for the parties involved, and it is often further complicated by the difficult decision of who keeps the home. Regardless of the situation, it's prudent to get an appraisal from Wells Appraisal Service so both parties are completely aware of the true market value of their home.

The parties will have a good idea 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.

Settling an estate with peace of mind

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike many wealthy individuals. 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 essential importance to ensuring disputing parties leave knowing they've received a fair deal.

Let Wells Appraisal Service help you with relocating to or from Pulaski County

We know the headaches associated with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage employees that are moving to provide feedback on the positive characteristics of their property, as well as information regarding any current sales or listings in their area that they want considered.

Sell your home quickly at the right price with an appraisal from Wells Appraisal Service

A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted 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 houses stay on the market.