Estate Planning, Taxes, or Date of Death

Different estates will require different types of appraised values explained by an attorney or accountant. It can be difficult to find out on your own which type of appraisal your estate will need but don’t worry we can help. Heather works closely with attorneys and accountants to get the right appraised value on your behalf.

For the most part, there are two options:

1. Both parties move out, sell the home, and divide the proceeds

2. One party stays and buys out the other for their share of the home’s equity.

It is important to hire the services of an experienced appraiser at this stage to determine the value of the home in order to make either of these options work. With a detailed appraisal report, Heather can give you a value to agree upon that satisfies both the parties’ needs for accuracy and remains valid for use in potential legal paperwork.

Your PMI can be canceled if you have reached 20% of your home’s equity in any of the following scenarios:

1. Rising home values,
2. Improvements to the home,
3. Paid off the appropriate mortgage balance.

If, for instance, your home value has increased from when you took out your mortgage, you might discover that your equity has breached this criteria of 20%. Your lender will not just take your word for this though. This is where Heather  steps in and presents you with a fair assessment of your home’s value to determine if removal of your PMI is warranted. She serves the local communities in and around Kansas City with on-point PMI removal appraisals you can rely on. 

Selling Your Home

An independent third-party real estate appraisal report attaches a realistic price to your home. It also provides the following benefits:

Facilitates constructive negotiating with potential buyers and their agents

Helps attract buyers with written proof of your home’s value

Highlights any obvious repairs to eliminate last-minute repair hassles that might delay the closing

Decreases the chances of sales falling through due to unforeseen problems

Property Taxes

The procedure for tax assessment appeals can be intricate, so it is important to enlist the services of a professional appraisal company. Heather has extensive training and experience in the process and will expertly guide you through. She removes the complexity and offers you a simple 3-step solution:

1. Review and approve your proposal
2. Measure and inspect your home
3. Send your professional report by email

Bankruptcy

Bankruptcy can be a stressful situation. In addition to all other considerations, it is important to give an accurate value of your home, as an inaccurate assessment can severely impact your bankruptcy filing. Asides the obvious question of credibility, giving a too-low value may cause a trustee to object and ask the court for permission to seize your home. On the other hand, a value that is too high may cause you to miss out on the availability of a Chapter 7 and/or end up paying back more than necessary in a Chapter 13. To this end, attorneys usually recommend getting accurate bankruptcy appraisal from an experienced professional real estate appraiser.

Heather Hardy

Certified Residential Appraiser,

Licensed Realtor KS & MO

As a Certified Residential Appraiser and Realtor, Heather demonstrates her experience and professionalism into every assignment she engages. As a second generation appraiser (and realtor) and trained since kindergarten, literally - her father's assistant holding the tape measure, reviewing reports in high school for Capitol Federal, and conducting home inspections in college, she has several years of experience in the field and knows the the Kansas City area like very few do. Heather has the answers to your real estate questions and needs.

Heather has been successful in her career.  She has earned a highly coveted Certified Residential Appraisal License in both Kansas and Missouri. Concurrently, Heather is active in the real estate market buying, selling and flipping residential properties.   Contact her today for a free consultation.

Click Here to Contact Her Now      913-499-9011