James M. Hanson Associates, Inc. - Types of AppraisalsSecuring a mortgage is not the only reason you should get an appraisal. There are many important reasons for a professional appraisal.To most people, an appraisal just looks like another fee in the long list of items for a home sale or refinance. Lenders call for a local appraisal expert because they know the stakes are very high and getting quality information you can trust is a must. But there are actually many reasons you might need professional appraisal services. Take a look below.
Tax Assessment Appraisal It's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Let James M. Hanson Associates, Inc. help you appeal your tax assessment in Cape May County. Learn More... Condemnation Appraisal - It's your Constitutional Right! It's not just a good idea -- and it's not just the law -- it's your constitutional right that if the government wants to condemn your property, or take it from you by means of "eminent domain," it must give you "just" compensation. Learn More... Date of Death Valuations There are many situations -- none of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of death" valuation is often required. Learn More... Divorce Appraisal - Settling a Divorce with Less Stress A divorce is a very daunting experience for the parties involved, and it is often even more complicated by the strenuous decision of who gets the property. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal. Learn More... Estate Appraisal - Settling an Estate with Peace of Mind The death of a loved one is a hard 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. Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. Learn More... REO & Foreclosure Appraisal There are special appraisal difficulties when it comes to a home in foreclosure or one that has reverted to the bank's ownership. For a house in foreclosure, you need to recognize the difference between market value and a "quick disposition" to know your likely charge-off liability. Learn More... Partial Interest Valuation Often, the ownership of a property isn't cut and dried. There are a thousand ways the 100 percent "bundle" of rights to a parcel of property might be distributed. Learn More... Pre Listing Appraisals - Have Confidence in your Listing Price Are you working with an agent to sell your property? Quite often they'll provide you with a comparative market analysis (or a CMA) that displays competing sales houses in your local area. It's a good starting point when deciding your home's listing price. Learn More... REO Appraisal An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. Most foreclosure auctions do not even result in bids. Learn More... Residential Investment Appraisal - Protection against Illegal Flipping When you're considering investing in rehabilitated residential property, you're making a smart choice. But you need to protect yourself and your investment dollars. Learn More... |
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