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Serving Berks, Montgomery, and Chester Counties      610-385-7050

Why an Appraisal?

Why You Need an Appraisal?

Trust a Professional With All Your Appraisal Needs

There are many reasons to get an appraisal. It is best to have a licensed, independent real estate professional like Hall Bruce R and Associates on your side if you are getting one. Every year, countless people buy, sell, or refinance their own home or business. The majority of these processes include a simple line item from an appraisal. This has become a normal step in the real estate process. We make sure that you aren't spending too much on a property. Review our many reasons for an appraisal that are listed below.

Get an Appraisal Before Buying Your Next Home

Buying a home may be one of the biggest investments of your life. Don't go into this investment blind. One of the most important issues involved in buying a property is feeling rest assured that you are getting the most for your money and not paying more than the property is worth. A professional appraisal report that is performed by a qualified, state-licensed appraiser can provide you with peace of mind and will help decide on what to offer on a property you wish to purchase. For a small price, this service will give you the confidence to make the perfect offer on the property that you really want.

Refinance or Get a New Home Equity Loan

No one wants to be overwhelmed with bills. If you need to consolidate your bills, have college tuition to pay, or just want a little breathing room, you will need a new loan. This will require an updated appraisal of your current property.
Mortgage insurance

PMI Removal

PMI, Private Mortgage Insurance, is a supplemental insurance that your lender may ask you to purchase when the amount of the loan is more than 80% of the value of your home. Sometimes, this is an additional payment that is added to the monthly mortgage payment and you may forget you are paying it every month. Once your loan is less than the 80% level, you want to have this removed. When you request to have this removed, the lender may have their own service for homeowners who believe they are below the 80% loan to value metric.

For a small fee, you can have an appraisal. We will provide you with a statement on the value of your home. The next step is to have someone help you file a challenge with your mortgage company. Call us today for assistance getting all of this completed. In a majority of situations, the cost of the appraisal is often quickly recovered with the lower cost you pay each month on your mortgage payment. Don't delay, get started today.

Divorce Settlement

Divorce can be very difficult for all parties involved. You don't want to further complicate the situation with the decision on who gets the house and other properties. Courts may or may not force one of the parties to buy out the other person's interest in the property.

It may require the order of the sale of the home so that each party will get an equal share of the equity. No matter what the situation, it is in your best interest to order an appraisal so that both parties are aware of the true market value of the home. This will make it easier to assess the selling price of the home or what the buyout amount should be to be fair for all people involved. Feel confident you are doing what is best for you and your property.

Estate Liquidation

The majority of the population has not dedicated an estate planner or executor to handle their estate in the unfortunate case that they pass away. Dealing with the death of a loved one is difficult enough that you won't want to deal with unnecessary headaches. When settling an estate from a death or probate, you may be required to have an appraisal done of the property to establish Fair Market Value.

The USPAP binds us with confidentiality, ensuring the fullest degree of discretion in your time of need. In most cases, the first step in disposing of an estate is to understand the true value of the property. This is especially helpful when there are many parties involved. When you contact us, we will help ensure that everyone leaves feeling confident that they received a fair deal when everything is finalized.


When you are requested to relocate, there are many steps to take to get moved. We are here to help make this a little easier for you. We pride ourselves on finding a time that is best for you to meet with us for the appraisal inspection. During our detailed and thorough inspection, we encourage you to provide a list of all the best attributes of the property. Along with this information, we request you to provide any recent sales or listings around the area of the property. We are here to make your life easier and get you relocated easier.

Add Value to Your Home Through Home Improvements

When it is time to sell your property, there are many steps before listing it for sale. First of all, you want to assess the condition of the home. Many times, a simple paint job, fixing up small areas, or even a full remodel will help you sell it easier and faster. Adding to the look and feel of your home may also affect the value of your home. Unfortunately, not all home improvements get the most for your money. Speak with our professionals before starting any large projects to ensure you will be adding the right amount of value to the property and justify the expense you will be putting into the property.

Selling Your Property

Once you have decided to sell your home, either on your own or with a licensed real estate agent, a professional appraisal will help you make a qualified decision on what your list price should be. Unlike a real estate agent, an appraiser has no vested interest in how much the property sells for. This is an easy way for us to step in and get the information you need to make the decision. Appraisal fees are based on the efforts required to complete the report and have nothing to do with the list price of the home. We are here to help homeowners like you make the best decision on what setting a fair and competitive sales price for your property. It is in your best interest to have a professional appraisal done.
It is best for you and your money to have a professional on your side. Call us today!
Call us today if you are ready to buy, sell, or refinance your property.
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