profile picture

English Spanish

Reasons to get an appraisal from The August Group Inc.

To a lot of us, an appraisal is simply a line item on the settlement sheet for a home sale or refinance. Nearly all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that may seem more cost-effective than an appraisal. Is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional could be beneficial? You bet there are.

Let The August Group Inc. help you lower your mortgage payment

Dispute your tax assessment in Saint Louis County

It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from The August Group Inc. is your best evidence when building your case. At The August Group Inc., we're capable of assisting you in disputing your tax assessment.

Eliminating PMI for mortgage payments

Private Mortgage Insurance, or PMI, is an added insurance plan that many lenders ask homeowners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, The August Group Inc. will provide you with a statement regarding the value of your home. The expense of the appraisal can often be regained in little time because you'll no longer be paying the PMI.

Order an appraisal from The August Group Inc.

Order online

Get a fair valuation on a home take make a divorce settlement less stressful

A divorce is often complicated by the burdensome decision of who keeps the home, and it can be an especially daunting occurrence 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 The August Group Inc., regardless of the situation.

The parties will have a clearer picture 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.

Determine 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 residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

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

Move to or from Saint Louis County for work

We are familiar with the stress involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide input on the positive features of their property, as well as information regarding any recent sales or listings in their area that they want considered.

Close on your home quickly — for an accurate price

A professional appraisal can help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal report.

On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesare on the market. So, getting 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.

Let The August Group Inc. assist you in selling your home quickly at the right price