Reasons someone would hire Schau Appraisals Inc.

Each year, thousands of people in North Dakota purchase, sell or refinance their home. A lot of these transactions consist of a simple line item for an appraisal. Practically all lenders still want a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation methods that might appear more practical than an appraisal. You might assume that securing a mortgage is the only reason to acquire an appraisal, but there are more situations when the services of a licensed, independent real estate professional could come in handy.

For real estate appraisals in Wyoming and Kent County, it's easiest when your order online from Schau Appraisals Inc., just click here.

Let Schau Appraisals Inc. help you challenge your tax assessment in North Dakota

It's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. When building your case, an appraisal from Schau Appraisals Inc. is your best evidence. At Schau Appraisals Inc., we're capable of assisting you in appealing your tax assessment.

Let Schau Appraisals Inc. help you lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the home. This added payment is often folded into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

Schau Appraisals Inc. will produce a statement regarding the value of your home, and the cost of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be a very daunting ordeal for both parties, and it is often even more complicated by the strenuous decision of who keeps the house. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Schau Appraisals Inc., regardless of the circumstances.

The parties will have a good idea of what price to set, if they need 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.

We offer many appraisal products to meet the needs of our clients.  We have the tradition (full appraisal), as well as, short form or even a letter.  The level of documentation can be reduced, which in turn reduces the cost, and most of the time, the turn around time of the appraisal.

Settling an estate with peace of mind

The loss of 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these issues. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.

We offer many appraisal products to meet the needs of our clients.  We have the tradition (full appraisal), as well as, short form or even a letter.  The level of documentation can be reduced, which in turn reduces the cost, and most of the time, the turn around time of the appraisal.

Schau Appraisals Inc. can help you with relocating to or from North Dakota

Moving due to a job change can be a real pain, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information regarding any current sales or listings in their area that they want considered during our thorough process.

Selling your home quickly at the right price

A professional appraisal will help you make a better-educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value we come up with, but rather they depend on our efforts to complete the appraisal.

On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. Getting 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 homes stay on the market.

We offer many appraisal products to meet the needs of our clients.  We have the tradition (full appraisal), as well as, short form or even a letter.  The level of documentation can be reduced, which in turn reduces the cost, and most of the time, the turn around time of the appraisal.