Let R.E. Appraisal Associates of SWFL, Inc. handle your appraisalTo many, an appraisal just looks like a line item in the long list of items for a mortgage or refinance. And even though there are an increasing number of automated home valuation methods that may appear more economical than an appraisal, almost all lenders still want a local expert because the stakes are so high. But is securing a mortgage the only basis for getting an appraisal? Are there more situations when the services of a certified, independent real estate professional could come in handy? Absolutely.
Dispute your tax assessment in Charlotte CountyIt's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a past assessment of your home, so if values are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from R.E. Appraisal Associates of SWFL, Inc. is your best evidence when building your case. We're capable of assisting you in appealing your tax assessment.
How can you do away with PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is a supplemental insurance plan that nearly all lenders ask homeowners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.
R.E. Appraisal Associates of SWFL, Inc. can provide you with a statement regarding the value of your home, and the cost of the home valuation 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 heartbreaking ordeal for the parties involved, and it is often even more complicated by the burdensome decision of who maintains the property. It's a good idea to get an appraisal from R.E. Appraisal Associates of SWFL, Inc. so both parties are entirely aware of the true market value of their house, regardless of the circumstances.
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.
Fair and accurate estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the certain value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.
Let R.E. Appraisal Associates of SWFL, Inc. assist you in relocating to or from Charlotte CountyEmployee relocation can be a real pain. We know where you're coming from. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide feedback on the positive aspects of their property, along with information about any new sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they are based on our efforts to finish the appraisal.
We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable 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.