Why obtain an appraisal from M.C. Appraisals, Inc. (410) 827-0771?

To a lot of us, an appraisal is simply another fee in the long list of items for a mortgage or refinance. Almost all lenders still need a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that may appear to be more prudent than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are other situations when the services of a licensed, independent real estate professional could be helpful.


	For real estate appraisals in Maryland, Washington DC or Northern Virginia it's easiest when your order online from M.C. Appraisals, Inc. (410) 827-0771, just click here.

Let M.C. Appraisals, Inc. (410) 827-0771 help you challenge your tax assessment in Maryland, Washington DC or Northern Virginia.

It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are determined by a past assessment of your home, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from M.C. Appraisals, Inc. (410) 827-0771 is your best evidence. We're qualified to assist you in challenging your tax assessment.

Eliminating PMI will lower your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the home, most lenders ask homebuyers to purchase an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

M.C. Appraisals, Inc. (410) 827-0771 will provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the hard decision of who maintains the home, and it can be a particularly heartbreaking ordeal for both parties. It's a good idea to order an appraisal from M.C. Appraisals, Inc. (410) 827-0771 so both parties are fully aware of the true market value of their home, regardless of the circumstances.

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

Accurate and fair estate liquidation

The loss 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 residential property involved. We guarantee the utmost 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 manage these matters, unlike wealthier individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the certain value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocating to or from Maryland, Washington DC or Northern Virginia

We understand the headaches involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive process, we encourage employees that are moving to provide input on the positive attributes of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered.

Sell your home quickly at the right price

A professional appraisal will help you make a more informed decision regarding your asking price, whether you decide to sell your home on your own or use the assistance 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 are derived from our efforts to perform the appraisal report and not a percentage of the sales price.

We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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.