Reasons to order an appraisal from Accurate Real Estate AppraisalsTo many, an appraisal is simply another cost in the long list of items for a home sale or refinance. Almost all lenders still need a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that might appear to be cheaper than an appraisal. You might think that securing a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional might be beneficial.
Let Accurate Real Estate Appraisals help you dispute your tax assessment in Mower CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Accurate Real Estate Appraisals is your best evidence. At Accurate Real Estate Appraisals,we can assist you in appealing your tax assessment.
Let Accurate Real Estate Appraisals help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the home, almost all lenders ask home buyers to buy an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Accurate Real Estate Appraisals can provide you with a statement regarding the value of your home, and the price you paid for the home valuation can often be regained in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is often complicated by the troublesome decision of who keeps the property, and it can be an especially traumatic ordeal for both parties. It's a good idea to get an appraisal from Accurate Real Estate Appraisals so both parties are entirely aware of the true market value of their home, regardless of the situation.
The parties will have a better idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidation with Accurate Real Estate AppraisalsSettling an estateLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the correct value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Let Accurate Real Estate Appraisals assist you in relocating to or from Mower CountyWe understand the stress involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right price with an appraisal from Accurate Real Estate AppraisalsA professional appraisal can help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.