Reasons to get an appraisal

Every year, thousands of people in Maryland buy, sell or refinance their home. A lot of these transactions have a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation methods that may appear more cost-effective than an appraisal, practically all lenders still call in a local expert because the stakes are very high. You might think that obtaining a mortgage is the only reason to acquire an appraisal, but there are other instances when the services of a licensed, independent real estate professional might come in handy.

Settle a divorce with less stress

A divorce is often complicated by the difficult decision of who gets the house, and it can be a particularly horrible event for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Wilson & Associates, regardless of the situation.

The parties will have a better idea 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 a fair and accurate valuation for estate liquidation

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these issues. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Relocate to or from Montgomery County through an employee relocation program

Employee relocation can be a stressful event, and we understand. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide remarks on the positive characteristics of their property, as well as information about any current sales or listings in their neighborhood that they want considered.

Sell your home quickly — for an accurate price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal report.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, seeking a professional appraisal is a reliable way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.