Reasons someone would use the services of Brown PropertiesYear after year, thousands of people in Alabama purchase, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. Practically all lenders still call for a local expert because the stakes are so high, even though there are an increasing number of automated home valuation systems that may appear to be cheaper than an appraisal. You might think that getting a mortgage is the only reason to get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional could be helpful.
Let Brown Properties help you dispute your tax assessment in Montgomery CountyIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a previous assessment of your home, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from Brown Properties is your best evidence. We're equipped to assist you in disputing your tax assessment.
Let Brown Properties assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask homeowners to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. More often than not, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.
Brown Properties will produce a statement regarding the value of your home, and the expense of the appraisal can often be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is an especially heartbreaking event for the parties involved, and it is often more complicated by the challenging decision of who maintains the home. Regardless of the situation, it's a good idea to order an appraisal from Brown Properties so both parties are entirely aware of the true market value of their home.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Accurate and fair estate liquidation with Brown PropertiesSettling an estateThe loss of a loved one 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. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Let Brown Properties assist you in relocating to or from Montgomery CountyWe are aware of the headaches associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we recommend relocating employees to provide input on the positive attributes of their property, along with information regarding any recent sales or listings in their area that they want considered.
Selling your home quickly at the right price with an appraisal from Brown PropertiesA professional appraisal can help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. 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 an unnecessarily long time - because we're experts in knowing how long properties stay on the market.