Why you should hire an appraiser

To many, an appraisal just looks like a line item in the long list of items for a home sale or refinance. While there are a developing number of automated home valuation systems that might appear more cost-effective than an appraisal, the majority of lenders still call for a local expert because the stakes are incredibly high. You might assume that getting a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a licensed, independent real estate professional might come in handy.


	If you're planning on any transaction where the worth of your house is a factor, contact Mary D. Nurse. Just click here.

Let Mary D. Nurse help you challenge your tax assessment in Honolulu County

It's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a previous assessment of your house, so if values are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Mary D. Nurse is your best evidence when building your case. At Mary D. Nurse,we can assist you in challenging your tax assessment.

PMI removal to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that almost all lenders ask homeowners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Mary D. Nurse can provide you with a statement regarding the value of your home. The cost of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Mary D. Nurse

A divorce can be a very traumatic event for both parties, and it is often more complicated by the difficult decision of who keeps the property. So both parties are entirely aware of the true market value of their house, it's a good idea to get an appraisal from Mary D. Nurse, regardless of the situation.

The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

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 calls for 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, guaranteeing the utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Mary D. Nurse can help you with relocating to or from Honolulu County

Moving due to a job change can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we suggest employees that are moving to provide feedback on the positive features of their property, as well as information regarding any current sales or listings in their area that they want considered.

Sell your home quickly at the right price with an appraisal from Mary D. Nurse

A professional appraisal will help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or use the assistance 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 are derived from our efforts to perform the appraisal report and not a percentage of the sales price.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to determine 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 are one the market.