6 Reasons to consider an appraisal from Race Appraisal Services, LLC

To a lot of us, an appraisal is simply another fee in the long list of items for a mortgage or refinance. Even though there are a budding number of automated home valuation processes that may appear to be more prudent than an appraisal, most lenders still call for a local expert because the stakes are so high. You might think that obtaining a mortgage is the only basis for getting an appraisal, but there are other situations when the services of a licensed, independent real estate professional could be beneficial.

Settle a divorce with less stress

A divorce is often complicated by the burdensome decision of who keeps the house, and it can be an especially horrible occurrence for both parties. It's a good idea to get an appraisal from Race Appraisal Services, LLC so both parties are entirely aware of the true market value of their home, regardless of the situation.

The parties will have a clearer picture of what price to set, if they wish 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 assessment.

Ascertain an accurate and fair valuation for estate liquidation

Losing a loved one is a painful 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, ensuring the maximum degree of discretion.

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. And since a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocate to or from Hampden County through an employee relocation program

We are familiar with the stress involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.

Sell your home quickly — for an accurate price

A professional appraisal can help you make a better educated decision regarding your selling price, whether you choose 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, apart from real estate agents. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price.

We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesare on the market. So, seeking a professional appraisal is a reliable way to decide 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.