Appraisal Services in South and North Carolina
COMMERCIAL REAL ESTATE APPRAISAL
Our Commercial Real Estate appraisals, in South and North Carolina, provide a full narrative report that identifies the highest and best use of the properties as well as a neighborhood, site, and improvements overview. Commercial appraisals can help prospective buyers, sellers or owners determine accurate values. These appraisals are also often used for lease negotiations, zoning board appeals, court proceedings, tax appeals, tax assessments, government property acquisitions of private property and to determine value for the purchase of mortgage or merger.
REAL ESTATE CONSULTING
For What It’s Worth Appraisals offers Real Estate valuation and advisory services to developers, owners, operators, and investors. Our professionals possess deep understanding of South Carolina and North Carolina properties and market trends, enabling them to provide consulting on acquisitions, dispositions, development projects, conversion projects, property audits, assemblage, and property tax. By understanding your objectives, we can use our real estate expertise and provide you an unbiased prospective to minimize your risk and maximize profitability throughout the entire transaction lifecycle. Choose For What It’s Worth Appraisals for our experience, knowledge, and objectivity in addressing your home and commercial real estate valuation needs.
PURCHASE OF A HOME
One of the most important issues involved in purchasing a property is developing an opinion of what it’s worth so that you can make an informed offer to purchase. A professional home appraisal report performed by a qualified, state-licensed appraiser can provide you with an objective, third party opinion of a property’s current Market Value. And for the small price of this service, you can give yourself “peace of mind” prior to making an offer to purchase that you’re offering a fair price for the property.
REFINANCE / HOME EQUITY LOAN
As a homeowner, refinancing your mortgage may become necessary. Lowering the interest rate on your current loan is a common motivation for owners looking to refinance their home’s mortgage in SC and NC. Additionally, adjusting loan terms or switching mortgage firms are other reasons to consider refinancing. Other reasons for refinancing a SC and NC mortgage include consolidating bills, paying off a college tuition, or just want to tap into the equity of your home; in any of these cases you’ll need a new loan, which oftentimes requires a new appraisal of the property.
Call For What It’s Worth Appraisals before applying for a mortgage refinance, ensure your home’s higher appraisal value with a refinancing appraisal.
PMI REMOVAL
Private Mortgage Insurance or PMI is the supplemental insurance that many SC and NC lenders ask home buyers to purchase when the amount being loaned is more than 80% of the value of the home. Very often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI becomes unnecessary when the remaining balance of the loan – whether through market appreciation or principal paydown – dips below this 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
At For What It’s Worth Appraisals, our home appraisers offer a specific service for South Carolina and North Carolina homeowners that believe they have met the 80% loan-to-value metric. For a nominal fee, our appraisers can provide you with a statement regarding the home value. We can even take the next step and help you file a challenge with your mortgage company. The costs of these services are very often recovered in just a few months of not paying the PMI.
DIVORCE SETTLEMENT
A divorce can be a particularly traumatic experience for both parties and is often further complicated by the difficult decision of “Who gets the house?”. In most divorce cases, the Court won’t usually force the parties involved to “buyout” the other party’s interest but it may however order the sale of the home, so each party gets an equal share of the equity. Regardless of the situation, it’s a good idea to order an appraisal so both parties are fully aware of what the true market value is.
If the parties want to sell the home, they’ll have a better idea of what price to set. And on the flipside, if a “buyout” is the chosen option, both parties will feel like they’ve gotten a fair assessment.
Call For What It’s Worth Appraisals – Serving the South Carolina and North Carolina coastal communities.
ESTATE LIQUIDATION
The loss 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 Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.
Unlike many wealthy individuals, the majority of Americans do not have dedicated estate planners or executors to handle these issues. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value.
Here too, our appraisers at For What It’s Worth Appraisals can help. Often the first step in fairly disposing of an estate is to understand its true value. Where South Carolina or North Carolina property is involved, our appraisers can help determine its true value. At this point, equitable arrangements can more easily be arrived at among disputing parties. Everyone walks away knowing they’ve received a fair deal.
HOME IMPROVEMENTS
Before you decide to sell your SC or NC home, there are several decisions to be made. First and foremost: “How much should it sell for?” But don’t forget there may be other equally important questions to ask yourself such as “Would it be better to paint the entire house before we sell it?”, “Should I put in that third bathroom?”, “Should I complete my kitchen remodel?” Many things which we do to our houses have an effect on their value.
Unfortunately, not all of them have an equal effect. While a kitchen remodel may improve the appeal of a home, it may not add nearly as much as it was hoped for. Call For What It’s Worth Appraisals at 843-808-1533, our home appraisal services are available to South Carolina and North Carolina homeowners, we’ll help you make the right choice.
RELOCATION
We understand the stress involved with an employee relocation. We take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide input on the positive attributes of their property along with information about any recent sales or listings in their neighborhood that they want considered.
SELLING A HOME
Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional home appraisal can help you make a better educated decision when determining your selling price. For What It’s Worth Appraisals is your best local home appraiser near Myrtle Beach and beyond, we proudly serve coastal South Carolina and North Carolina communities, book a consultation today!
Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. It’s easy for them to step in and give you the information to help you make your decision. Appraiser fees are based on efforts to complete the report and not a percentage of the sales price. So, seeking a professional appraisal can often help SC and NC homeowners make the best decisions on investing in their homes and setting a fair sales price.
Home and Commercial Appraisals in SC and NC
For Home and Commercial Appraisals in SC and NC, call: 843-808-1533
