Let Burnham Real Estate Appraisals, Inc attend to your appraisal needsTo many, an appraisal is simply a line item on the settlement sheet for a home purchase or refinance. Nearly all lenders still want a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation methods that may appear to be less expensive than an appraisal. Is obtaining a mortgage the only basis for getting an appraisal? Are there also instances when the services of a licensed, independent real estate professional might be beneficial? Absolutely. 
Appeal your tax assessment in Virginia Beach City CountyIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if values have gone down in your neighborhood, you can appeal your assessment and save money. An appraisal from Burnham Real Estate Appraisals, Inc is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask home buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI is no longer required when the leftover balance 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 eliminate the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Burnham Real Estate Appraisals, Inc can give you a statement regarding the value of your home. The price you paid for the appraisal can usually be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from Burnham Real Estate Appraisals, Inc today Order onlineDivorce settlement with less stressA divorce is often complicated by the difficult decision of who maintains the home, and it can be a very traumatic ordeal for both parties. Regardless of the situation, it's a good idea to order an appraisal from Burnham Real Estate Appraisals, Inc so both parties are completely aware of the true market value of their home. The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Fair and accurate estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate 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 don't have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing 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. Relocate to or from Virginia Beach City County for workWe know 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 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 area that they want considered. Close on your home promptly — at the right priceWhether you choose 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 selling price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price. We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting 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 stay on the market. 
|