Reasons someone would use the services of Howard K. Beeco

Thousands of people in Pennsylvania purchase, sell or refinance their home each year. A lot of these transactions involve a simple line item for an appraisal. While there are an increasing number of automated home valuation systems that might appear more prudent than an appraisal, practically all lenders still call for a local expert because the stakes are incredibly high. But is getting a mortgage the only reason you should get an appraisal? Are there more times when the services of a licensed, independent real estate professional could come in handy? Absolutely.


	Contact Howard K. Beeco if you're planning on any transaction where the value of your property is a factor. Just click here

Let Howard K. Beeco help you challenge your tax assessment in Montgomery County

If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Howard K. Beeco is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment.

Let Howard K. Beeco help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the property, nearly all lenders ask homeowners to purchase an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Howard K. Beeco can provide you with a statement regarding the value of your home, and the price you paid for the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the challenging decision of who gets the home, and it can be an especially heartbreaking ordeal for both parties. It's a good idea to order an appraisal from Howard K. Beeco so both parties are completely aware of the true market value of their home, regardless of the situation.

The parties will have a better idea of what price to set, if they need 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.

Fair and accurate estate liquidation with help from Howard K. BeecoSettling an estate

Losing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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.

Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding 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.

Let Howard K. Beeco help you with relocating to or from Montgomery County

We understand the stress involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our thorough process.

Don't sell out for too little or keep your home on the market too long.

A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or with the help 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. The price we charge isn't contingent upon the value we report, but rather they are calculated on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted 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 - because we're experts in knowing how long properties stay on the market.