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A professional real estate appraisal is a monetary valuation of a property, there are many reasons to get one. It can be to determine the fair market value of a property, or to determine what the home should sell for on the open market. If you are buying or refinancing a property, most lenders and mortgage guarantors will require the services of a professional appraiser. In any real estate transaction, its best to bring in an expert to make sure the property is worth what it's being sold for.
A divorce can be a particularly traumatic experience for both parties and is often further complicated by the difficult decision of “Who gets the house?”. In most divorce cases, the Court won’t usually force the parties involved to “buyout” the other party’s interest but it may however order the sale of the home so each party gets an equal share of the equity. Regardless of the situation, it’s a good idea to order an appraisal so both parties are fully aware of what the true market value is.
If the parties want to sell the home, they’ll have a better idea of what price to set. And on the flipside, if a “buyout” is the chosen option, both parties will feel like they’ve gotten a fair assessment.
The loss of a loved one is a difficult time in life and settling an estate from a death, or probate, often requires 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 fullest degree of discretion.
Unlike many wealthy individuals, the majority of Americans do not have dedicated estate planners or executors to handle these issues. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value.
Here too, an appraiser can help. Often the first step in fairly disposing of an estate is to understand its true value. Where property is involved, the appraiser can help determine the true value. At this point, equitable arrangements can more easily be arrived at among disputing parties. Everyone walks away knowing they’ve received a fair deal.
Home Appraisals in Bay point CA, Antioch CA Pittsburg CA Concord CA, Clayton CA
Austin V Dodson is a Real Estate Professional raised in the Contra Costa County East Bay Area. He entered the real estate profession in 2005 as a loan officer for Ameriquest mortgage. There, he developed a passion for Real Estate and finance. Among the numerous other positions/companies in his young career, he worked as a Banker/Loan Consultant for Bank of the West throughout the recession. Now at 35 yrs old, Austin is a California licensed Real Estate Agent and licensed Residential Appraiser who owns a home in the East Bay with his beautiful wife, stepdaughter and 2 dogs. He is an avid Outdoorsman, an outfielder in an adult softball league and is deeply involved in local youth centers throughout the community. Along with sales and valuations he has also been involved in many residential rehabs throughout the Bay Area. Austin understands that the Real Estate industry is the backbone of America's economy. He operates with the utmost integrity and professionalism. Please reach out to him with any of your Real Estate needs, he enjoys challenges and helping people reach their goals and dreams.
Nicole Greene is a Real Estate professional raised in historic downtown Martinez a small suburb located in San Francisco’s East bay. Nicole spent 13 Years as a certified lightning designer, designing lighting in homes throughout the state of California. After the birth of her daughter she looked towards a career as a Real Estate Appraiser which allowed more flexibility to take care of her growing family. Inspired, Nicole began utilizing her design skills along with her valuation specialties and partnered with Austin to rehab distressed properties around the east bay. In her free time Nicole enjoys spending time with her family, traveling, listening to live music, hiking and water sports. Please contact Nicole with any questions, she has a passion for Real Estate and as a 4th generation Bay Area Native Nicole takes pride in her community.
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