Let Jim Mankin take care of your appraisalTo many, an appraisal is simply a line item on the settlement sheet for a home purchase or refinance. Practically all lenders still call for a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that may appear more practical than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are more situations when the services of a licensed, independent real estate professional could be helpful.
Let Jim Mankin help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask home owners to take out an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is folded into the monthly mortgage payment and is soon forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to dismiss the PMI installments when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Jim Mankin can provide you with a statement regarding the value of your home. The cost of the home valuation can often be regained in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly daunting experience for both parties, and it is often more complicated by the strenuous decision of who keeps the property. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Jim Mankin, regardless of the circumstances.
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 gotten a fair assessment.
Settling an estate with peace of mindLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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).
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to manage these issues. A home or other property often makes up a disproportionate share of the total estate value, so understanding 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 Grays Harbor CountyMoving due to a job change can be a real pain, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we recommend relocating employees to provide input on the positive features of their property, as well as information about any recent sales or listings in their neighborhood that they want considered.
Let Jim Mankin assist you in selling your home quickly at the right priceA professional appraisal can help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. 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 aren't contingent upon the value opinion we render, but rather they are calculated on our efforts to complete the appraisal.
We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted 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 homes stay on the market.