Ordering an appraisal from Dohoney Appraisal

Each year, thousands of people in Texas purchase, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. The majority of lenders still want a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation systems that might appear to be more cost-effective than an appraisal. You might believe that securing a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a licensed, independent real estate professional might be beneficial.


	When you're planning on any transaction where the value of your real estate is of importance, contact Dohoney Appraisal. Just click here

Challenge your tax assessment in Dallas County

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Dohoney Appraisal is your best evidence. At Dohoney Appraisal, we're equipped to assist you in disputing your tax assessment.

Dohoney Appraisal can help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the property, nearly all lenders ask homebuyers to take out an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments when the balance is paid down to 78% of the original value.

Dohoney Appraisal will produce a statement regarding the value of your home, and the expense of the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Dohoney Appraisal

A divorce can be a very traumatic experience for both parties, and it is often even more complicated by the hard decision of who gets the home. It's a good idea to order an appraisal from Dohoney Appraisal so both parties are entirely aware of the true market value of their house, regardless of the circumstances.

The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Trustworthy estate liquidation

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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 maximum degree of discretion.

Most Americans do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.

Dohoney Appraisal can assist you in relocating to or from Dallas County

Moving due to a job change can be a stressful event. We know where you're coming from. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any recent sales or listings in their area that they want considered during our thorough process.

Don't sell out short or keep your home on the market too long.

A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal.

We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home - so you don't come up short or have your house on the market an unnecessarily long time - because we're experts in knowing how long homes stay on the market.