Services

Residential Appraisals

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A residential real estate appraisal report is an independent, unbiased, third party opinion that provides an official estimate on the market value of a residential property from an accredited professional.

Qualified Will's Appraisal Services Inc appraisers will determine the fair market value of your property and offer sellers an accurate figure of what a home could sell for on the open market. We also protect buyers with details for regarding its actual market value. Our certified appraisers offer estimates for a property’s tax-assessed value.

Expertise and the qualifications required for appraisals for:

• Property financing

• Residential property sales

• Asset valuation

• Taxation purposes including property tax assessments

• Replacement cost appraisals for insurance purposes

• Legal disputes (marital, divorce, estate, partnerships, etc.)

Appraisal for Home Buyers

Many lenders require a residential property to be appraised before buyers make a formal offer in order to ensure that the amount of the requested mortgage loan is accurate to the home’s actual value. Independent appraisals also give buyers a chance to verify whether the list price is reasonable and may be included as a contingency clause in purchase agreements where the bank’s approval of the loan is conditional to a professional appraisal.

Appraisals for Home Refinancing

As is the case with an original mortgage loan, lenders may request an appraisal of your property when requesting a refinancing loan if the property has decreased in value over time to ensure that your home’s value is equivalent to the requested loan. In addition, the equity in your home may have also decreased depending on any changes in its market value which our certified appraisers are qualified to assess.

Residential Appraisers for Tax Reassessment

Will's Appraisal Services Inc provides residential home appraisals for the purpose of determining accurate property taxes. Since many states base property taxes on the market value of your home; if your home in PA, NJ & DE has decreased in value, you may be eligible for a decrease in property tax based on the findings of an accredited appraiser.