Appraise It in Fort Wayne are called upon for a variety of reasonsTo a lot of people, an appraisal just looks like a line item in the long list of items for a mortgage or refinance. And even though there are a budding number of automated home valuation systems that may seem more practical than an appraisal, practically all lenders still want a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a certified, independent real estate professional might be helpful? You bet.
Let Appraise It help you dispute your tax assessment in Allen CountyIt's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are determined by a past assessment of your house, so if prices have gone down in your neighborhood, you can challenge your assessment and save money. An appraisal from Appraise It is your best evidence when building your case. At Appraise It,we can assist you in challenging your tax assessment.
PMI removal will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask home buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.
Appraise It will give you a statement regarding the value of your home, and the expense of the appraisal can generally be regained 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 Appraise ItA divorce can be an especially traumatic ordeal for both parties, and it is often further complicated by the difficult decision of who gets the home. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Appraise It, regardless of the situation.
The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Accurate and fair estate liquidation with help from Appraise ItSettling an estateThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair 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 utmost degree of discretion.
Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocating to or from Allen CountyWe are aware of the stress associated with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide remarks on the positive features of their property, as well as information regarding any current sales or listings in their area that they want considered.
Let Appraise It assist you in selling your home quickly at the right priceA professional appraisal can help you make a more informed 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. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to finish the appraisal report and not a percentage of the sales price.
We examine the difference in value items like an additional 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 a suitable 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.