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Why get an appraisal from Willison Appraisal Service?

To many, an appraisal is simply a line item on the settlement sheet for a mortgage or refinance. And even though there are a developing number of automated home valuation processes that may appear more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. But is obtaining a mortgage the only reason to get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional could be beneficial? Of course.

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Let Willison Appraisal Service help you dispute your tax assessment in King County

If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Willison Appraisal Service is your best evidence when building your case. At Willison Appraisal Service, we're qualified to assist you in appealing your tax assessment.

Willison Appraisal Service can help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that nearly all lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Very often, this extra payment is bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Willison Appraisal Service will give you a statement regarding the value of your home. The price you paid for the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI.

An appraisal from Willison Appraisal Service will help you settle a divorce with less stress

A divorce is a very traumatic experience for the parties involved, and it is often further complicated by the burdensome decision of who keeps the home. Regardless of the situation, it's wise to get an appraisal from Willison Appraisal Service so both parties are fully aware of the true market value of their property.

The parties will have a good 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 gotten 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 residential property 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).

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these issues. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.

Relocating to or from King County

Employee relocation is a real pain, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, as well as 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 Willison Appraisal Service

Whether you decide 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 when determining your asking price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of 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 homes are on the market. So, seeking a professional appraisal is a reliable way to decide 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 too long, costing you time and money.