Why obtain an appraisal from RELIABLE APPRAISAL SERVICES LLC?To many, an appraisal just looks like a line item on the settlement sheet for a mortgage or refinance. Most lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation systems that may appear less expensive than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there other situations when the services of a licensed, independent real estate professional could be helpful? You bet there are.
Let RELIABLE APPRAISAL SERVICES LLC help you appeal your tax assessment
It's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a previous assessment of your real estate, so you can often appeal your assessment and save money. When building your case, an appraisal from is your best evidence. Contact me today, and I can assist you in disputing your tax assessment.
Eliminating PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask home owners to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Most often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
RELIABLE APPRAISAL SERVICES LLC can estimate the market value of your home for PMI removal purposes, and the cost of the appraisal can generally be regained in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is an especially daunting ordeal for the parties involved, and it is often further complicated by the difficult decision of who keeps the property. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from RELIABLE APPRAISAL SERVICES LLC, regardless of the situation.
The parties will have a clearer picture 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 evaluation.
Settling an estateThe loss 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 Market Value for the residential property involved. I guarantee the utmost degree of discretion, as I'm bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. Because real estate often makes up an uneven share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Sell your home quickly at the right price with an appraisal from RELIABLE APPRAISAL SERVICES LLCWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. With much different interests than a real estate agent, U have no vested interest in what amount the house sells for. The price that I charge for the appraisal isn't a percentage of the sales price, but rather a flat fee that is established when the appraisal is ordered.