Why you should order an appraisal from Tim W. Cork

To many, an appraisal just looks like one more thing on the settlement sheet for a mortgage or refinance. And while there are a budding number of automated home valuation systems that may seem less expensive than an appraisal, most lenders still need a local expert because the stakes are so high. You might think that getting a mortgage is the only reason to get an appraisal, but there are additional instances when the services of a licensed, independent real estate professional could come in handy.


	When you're planning on any transaction where the worth of your real estate is a factor, just contact Tim W. Cork. Just click here

Dispute your tax assessment in Vigo County

It's probable you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a past assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Tim W. Cork is your best evidence. At Tim W. Cork, we're equipped to assist you in disputing your tax assessment.

Let Tim W. Cork help you lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that nearly all lenders ask homebuyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. This extra payment is often folded into the monthly mortgage payment and is quickly forgotten. This is bad because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Tim W. Cork can provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Tim W. Cork will help you settle a divorce with less stress

A divorce is often complicated by the challenging decision of who gets the house, and it can be an especially heartbreaking experience for both parties. So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from Tim W. Cork, regardless of the situation.

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

Settling an estate with peace of mind

Losing 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

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

Tim W. Cork can help you with relocating to or from Vigo County

Employee relocation can be a more than just an inconvenienceWe know where you're coming from! That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any recent sales or listings in their area that they want considered during our detailed process.

Let Tim W. Cork help you sell your home quickly at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal.

We determine 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 homes stay on the market. So, seeking a professional appraisal is a trusted 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 for an extended amount of time.