Reasons someone would use the services of Mark Young, Real Estate Appraisals

To a lot of people, an appraisal is simply another fee on the settlement sheet for a home sale or refinance. While there are a multiplying number of automated home valuation processes that might appear more economical than an appraisal, nearly all lenders still call for a local expert because the stakes are so high. You might assume that obtaining a mortgage is the only reason to get an appraisal, but there are other situations when the services of a certified, independent real estate professional could come in handy.


	Secure appraisal ordering is not a problem with Mark Young, Real Estate Appraisals. Just click here

Let Mark Young, Real Estate Appraisals help you appeal your tax assessment in Montgomery County

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Mark Young, Real Estate Appraisals is your best evidence. We're qualified to assist you in challenging your tax assessment.

Let Mark Young, Real Estate Appraisals help you lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask buyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is soon forgotten. This is bad because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Mark Young, Real Estate Appraisals can provide you with a statement regarding the value of your home. The cost of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Mark Young, Real Estate Appraisals will help you settle a divorce with less stress

A divorce is often complicated by the difficult decision of who gets the house, and it can be a very heartbreaking ordeal for both parties. It's a good idea to order an appraisal from Mark Young, Real Estate Appraisals so both parties are entirely aware of the true market value of their house, regardless of the circumstances.

The parties will have a clearer picture of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Fair and accurate estate liquidation with Mark Young, Real Estate AppraisalsSettling an estate

The death of a loved one is a difficult 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. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the certain value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Let Mark Young, Real Estate Appraisals assist you in relocating to or from Montgomery County

We understand the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest employees that are moving to provide feedback on the positive features of their property, as well as information regarding any new sales or listings in their area that they want considered.

Don't sell out for too little or keep your home on the market too long.

Whether 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 asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are based on our efforts to finish the appraisal report and and aren't related to the sales price.

On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to determine 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 properties stay on the market.