We provide a wide range of Pflugerville home appraisal options to meet your specific needs. Take a look at our services below and contact us if you have any questions.
Private Use appraisals are ideal for any application where a value has to be determined on a property, but the appraisal is not going to be used by a bank or lending institution. Not to be confused, these are COMPLETE APPRAISALS with the very same degree of research as a mortgage appraisal. The big difference is these are, easy to understand and can be used for a variety of applications. These are also frequently used as a pre-sale tool to set a listing value and help sell a home at the best price.
For those times when you simply need to "find out what it's worth", the private appraisal report is excellent. As the name suggests, they are meant for personal use, yet they contain all the information and detail you would find in a full "mortgage appraisal". These appraisals are performed just like a mortgage appraisal, to the same standards and are just as precise; the only change is the style we use to convey the information. They are full appraisals that consist of a site visit to the property, photos, comparable analysis, marketplace analysis and a breakdown of the appraiser's approach for reasoning a final value.
In other words these are FULL appraisals, carried out exactly the same way an appraisal for a mortgage would be, but they are less "bloated" because we've removed the non-essential details and government mandated forms. This makes the report concise, easy to understand, and less expensive for our customers!
Because these appraisal reports are for private use, we can include or remove any forms or information as needed. In the end you'll receive a very easy to understand appraisal report with everything a potential buyer would need to know about the property, the market area and how the value was determined.
Just need a simple, inexpensive appraisal that provides a value, market information and basic property details? The desktop appraisal is, as the name implies, performed in-office without a site visit to the subject property. The appraiser uses data from multiple online sources including tax records, county records and MLS data to determine specifics about the subject property such as size and age. Using this information, along with information provided by the property owner that the appraiser assumes to be accurate, a comparison is made between the Subject and nearby comparables. Because there is no site visit or scheduling needed, these appraisals are typically completed within 1 business day of being ordered.
What Are the Benefits to a Desktop Appraisal?
PMI, or Private Mortgage Insurance, is an insurance premium required to be paid on borrower’s loans who have less than 20%-25% equity. Lenders are required to remove PMI from your loan payment once you reach the required amount of equity.
Is there a PMI charge on your monthly mortgage payment? Private Mortgage Insurance, sometimes called Mortgage Insurance Protection, is assessed on homeowners that have less that 20% (some lenders require 25%) equity in their home. By law, mortgage lenders are required to allow you to remove PMI once you reach the required equity. In other words, the principal balance of your loan needs to be at or below 80% of the original loan amount. Alternatively, if the appraised value of your home indicates that you have already achieved the equity requirements, then you qualify for having your PMI removed or deleted from your monthly mortgage payment.
How Can You Start the Process of Removing PMI?
The first step would be to contact your lender or look over your mortgage bill and verify that you are indeed paying a mortgage insurance premium. You’ll also need to get the exact outstanding balance on your mortgage loan. If you feel that your home’s value has gone up enough to reach the 80% mark, then you’ll need to talk to your lender about the steps involved in having an appraisal performed for PMI removal. Be sure to ask if you can hire your own appraiser or if you must go through an appraiser selected by the bank. If you can use your own, then give us a call!
There are many reasons for Pflugerville Texas homeowners to protest their property taxes, from inaccurate county data, a decline in values within your market area, or simply due to the county property tax office raising taxes each year without cause. Unfortunately, despite whatever evidence you bring, you are never on a level playing field when meeting with the county tax assessors. The exception is if you have, in hand, a real estate appraisal that has been performed explicitly for the purposes of disputing property tax.
What Are Some Common Reasons for Protesting Property Taxes?
Our appraisers have performed hundreds of tax protests appraisals over the years across numerous Texas counties.
If you are dealing with a legal situation where real estate is involved, a professional appraisal is usually requested to figure out the fair market value of the property. Unfortunately, one of the most common legal matters is divorce. A real estate appraisal for a divorce requires a high level of professionalism, an eye for fairness, and a touch of empathy.
With the home typically being the largest asset that will need to be handled during the divorce process, both spouses have their own ideas as to where they would like to see the value. It is our jobs as Pflugerville real estate appraisers to deal with these ideas and ensure they do not influence the results of the appraisal. We must also be understanding and sensitive to the situation from both party’s point of view. These unique situations require a professional home appraiser with a divorce appraisal background.
Our appraisers have the experience necessary to handle divorce appraisal projects with the highest level of professionalism. Whether the appraisal is required by an attorney, an individual or an accountant, the assignment will be carried out with an unbiased view of the property and the situation, ensuring a fair valuation for all parties involved.
Settling an estate is a very important and often stressful job. As the executor you have been entrusted to execute the last wishes of the deceased as quickly and precisely as possible. An estate appraisal is needed to establish Fair Market Value for the property of the deceased. Often, the date of death differs from the date the appraisal is requested. We are very experienced with the procedures and requirements necessary to carry out a retrospective appraisal with an effective date and Fair Market Value estimate matching the date of death.
In many situations, during a divorce, bankruptcy, estate or probate case, the fair market value of a property needs to be determined to a past date. These are known as “retrospective” appraisals and fairly common in the property appraisal business. With a retrospective appraisal, we have to analyze the market as it was at a certain date in the past with no regard for current or future knowledge of the market. For instance, we might value a home at $500,000 and declare that market values are increasing as of “X” date. The very next day a natural disaster could take out half the neighborhood and values could rapidly decrease. A retrospective appraisal to “X” date would not take into account the events that took place on the next day and the appraisal would still assume market values are increasing
Mortgage Lenders: Don’t get stuck waiting on your appraiser! Does your loan not require the use of a management company or 3rd party? Then order an appraisal from the fastest and most thorough appraisers in Pflugerville. We specialize in writing appraisal reports that are concise and provide loan underwriters with the exact information they are looking for; no more lines upon lines of underwriting conditions that hold up your closing. We complete our reports in 72 hours or less so there is no wondering when you will receive your appraisal. Need to close sooner – We now offer a rush 24hr appraisal service for those special circumstances when your borrower needs to close ASAP.
Homeowners and Buyers: If your loan isn’t subject to The Home Valuation Code of Conduct (HVCC) and your lender has allowed you to hire your own home appraiser, then you’ve come to the right place! We provide the quickest and most complete appraisal service in the Pflugerville area, which makes getting a loan as painless as possible. You can rely on our appraisers to conduct a fast service that meets and exceeds your lenders needs whether you are purchasing a home, refinancing your current mortgage, going after a line of credit or extracting equity in your home – Lenders are always blown away by the quality of our appraisal reports. We work with all direct lenders, mortgage companies and credit unions so give us a call now to get your appraisal process started.