Executive Appraisals in Springfield are called upon for numerous clients

Every year, thousands of people in Virginia buy, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. And even though there are a developing number of automated home valuation methods that may appear to be less expensive than an appraisal, practically all lenders still call in a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a certified, independent real estate professional might come in handy? Absolutely.


	For real estate appraisals in Springfield and Prince William County, it's easiest when your order online from Executive Appraisals, just click here.

Let Executive Appraisals help you appeal your tax assessment in Prince William County

It'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 based upon 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 Executive Appraisals is your best evidence when building your case. At Executive Appraisals,we can assist you in challenging your tax assessment.

Executive Appraisals can help you get rid of PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask buyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. This extra payment is often lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to dismiss the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Executive Appraisals can give you a statement regarding the value of your home. The cost of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Executive Appraisals

A divorce can be an especially daunting event for both parties, and it is often even more complicated by the challenging decision of who maintains the property. Regardless of the circumstances, it's a good idea to get an appraisal from Executive Appraisals so both parties are fully aware of the true market value of their home.

If the parties wish to sell the home, they'll have a better idea 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 evaluation.

Accurate and fair estate liquidation

The 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.

Most Americans do not have dedicated estate planners or executors to handle these issues, unlike wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

Let Executive Appraisals assist you in relocating to or from Prince William County

Employee relocation can be a real pain, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered during our intensive process.

Sell your home quickly at the right price with an appraisal from Executive Appraisals

A professional appraisal will help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses stay on the market. So, seeking a professional appraisal is a reliable way to decide 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 for an extended amount of time.