Let FGM & Associates Appraisals take care of your appraisalYear after year, thousands of people in Texas buy, sell or refinance their home. Many of these transactions include a simple line item for an appraisal. Even though there are a developing number of automated home valuation systems that might seem more practical than an appraisal, nearly all lenders still want a local expert because the stakes are so high. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could be beneficial.
Dispute your tax assessment in Williamson CountyIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from FGM & Associates Appraisals is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment.
Let FGM & Associates Appraisals assist you in lowering your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the real estate, many lenders ask home buyers to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often folded into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to dismiss 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, FGM & Associates Appraisals will provide you with a statement regarding the value of your home. The expense of the home valuation can often be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is an especially daunting experience for the parties involved, and it is often further complicated by the challenging decision of who keeps the home. It's a good idea to order an appraisal from FGM & Associates Appraisals so both parties are entirely aware of the true market value of their home, regardless of the circumstances.
If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. 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 vital importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocating to or from Williamson CountyEmployee relocation is a more than just an inconvenience, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our intensive process.
Sell your home quickly at the right price with an appraisal from FGM & Associates AppraisalsWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what price 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 not a percentage of the sales price.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted 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 an unnecessarily long time - because we're experts in knowing how long homes are one the market.