Let William R. Cook, Inc. take care of your appraisal

Year after year, thousands of people in Ohio purchase, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. Most lenders still need a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation processes that may seem cheaper than an appraisal. But is obtaining a mortgage the only reason you should get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might be helpful? Of course there are.


	For real estate appraisals in Hubbard and Trumbull County, it's easiest when your order online from William R. Cook, Inc., just click here.

Appeal your tax assessment in Trumbull County

It's possible 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 real estate, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from William R. Cook, Inc. is your best evidence. We're capable of assisting you in challenging your tax assessment.

William R. Cook, Inc. can 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 home, nearly all lenders ask homeowners to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, William R. Cook, Inc. can provide you with a statement regarding the value of your home. The cost of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be a very daunting experience for both parties, and it is often even more complicated by the burdensome decision of who keeps the house. Regardless of the circumstances, it's a good idea to order an appraisal from William R. Cook, Inc. so both parties are completely aware of the true market value of their property.

The parties will have a clearer picture 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 evaluation.

Settling an estate with peace of mind

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for 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).

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

Relocating to or from Trumbull County?

We are aware of the headaches associated with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend employees that are moving to provide input on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered.

Let William R. Cook, Inc. help you sell your home quickly at the right price

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision when determining your selling price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to perform the appraisal report and and aren't related to the sales price.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties are on the market. So, obtaining a professional appraisal is a trusted way to decide 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.