Wohlenhaus Appraisal Service

read moreLenders, mortgage brokers and others can now order appraisal reports online from my website. What are the advantages of online ordering? It saves time. Where before we would have had to rekey all the property and assignment information from your fax or e-mail, with online ordering we can simply import the property details into our report preparation software. When you order online, you also get status updates on the report whenever you want them, 24/7 - no more playing phone or fax tag. We communicate with one another better.

read moreWhen you're considering investing in rehabilitated residential property, you're making a smart choice. Real estate values have been climbing at the same time demand for homes has been increasing - an impressive combination. Often, people and companies that sell rehabilitated real estate buy a dilapidated property, put a lot of money and sweat equity into it to make it attractive to a buyer, and then reap the reward when the property is sold for a lot more than the original buyer paid for it. There's nothing wrong with this; on the contrary, it makes more housing available at a time when it's in demand.

read moreEstate tax liability. Disposition of assets under a will or in probate. There are many situations -- none of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of death" valuation is often required. Attorneys, accountants, executors and others rely on Wohlenhaus Appraisal Service for "date of death" valuations because such appraisals require special expertise and training.

read moreHomes in foreclosure and homes that have reverted to your institution's ownership present special appraisal challenges. For a property in foreclosure, you may need to know the difference between fair market value and "quick disposition" value, to know your potential charge-off liability. At Wohlenhaus Appraisal Service, we have experience in both providing snapshots of fair market value for our mortgage lending and servicing clients as well as "quick sale" forecasts that understand your timeline.

read moreHowever, it's also advantageous to have a third-party's objective opinion of value before you sign the Listing Agreement, even if you have hired an experienced real estate agent. And that's where Wohlenhaus Appraisal Service can help you! We can do a pre-listing appraisal so you and your agent both have an accurate description of your home's features and a detailed analysis of the most recent and similar comparable sales or "comps". Many people are surprised when they find out that the market value of their house is more than they estimated, so investing in an appraisal from Wohlenhaus Appraisal Service actually allowed these people to get several thousand dollars over what they thought they'd get for their home.

read moreWhen interviewing a home inspector, ask the inspector what type of report format he or she provides. There are many styles of reports used by property inspectors, including the checklist, computer generated using inspection programs, and the narrative style. The most important issue with an inspection report is the descriptions given for each item or component. A report that indicates the condition as "Good", "Fair" or "Poor" without a detailed explanation, is vague and can be easily misinterpreted.

read moreMore and more homeowners today are choosing to sell their homes FSBO (For Sale By Owner) and foregoing the help of a real estate agent. Selling your home by this method can end up saving you a potential "hefty" commission (industry average is 5-7% of the home's selling price).Plus many FSBO sellers feel that they have more control in the process of selling their home since they're in essence making all the rules. According to the National Association of Realtors, over 70% of all homebuyers now use the Internet to search for homes so if your house isn't on the internet, it should be.

read moreHomeowners need appraisals or appraisal reviews for a variety of reasons, including a mortgage refinance, home equity loans, Pre-listing services, and PMI removal. When you order an appraisal or review from us, you can rest assured that you will get the best in professional service, courtesy, and quality. Be sure that you request us if your lender asks you for YOUR choice of appraisal firms. More than likely we are already on their "approved list", and if not we will quickly provide your lender with the necessary documentation to become approved.