Reasons someone would call All Appraisals ExpressThousands of people in Florida purchase, sell or refinance their home every month. A lot of these transactions have a simple line item for an appraisal. And even though there are a developing number of automated home valuation processes that may seem more cost-effective than an appraisal, practically all lenders still need a local expert because the stakes are so high. You might think that getting a mortgage is the only basis for getting an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be beneficial.
Appeal your tax assessment
It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a previous assessment of your home, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from All Appraisals Express is your best evidence. At All Appraisals Express,we can assist you in challenging your tax assessment.
How can you get rid of PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is an additional insurance plan that almost all lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the home. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, All Appraisals Express can provide you with a statement regarding the value of your home. The price you paid for the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from All Appraisals ExpressA divorce is a very daunting ordeal for the parties involved, and it is often more complicated by the troublesome decision of who keeps the home. It's a good idea to get an appraisal from All Appraisals Express so both parties are fully aware of the true market value of their house, regardless of the circumstances.
The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidation with All Appraisals Express when settling an estateThe death of a loved one is a difficult 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 guarantee the highest 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 handle these affairs, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.
Let All Appraisals Express assist you in relocating to or from the above countiesEmployee relocation is a stressful event. We know where you're coming from. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, as well as information about any new sales or listings in their area that they want considered during our thorough process.
Let All Appraisals Express assist you in selling your home quickly at the right price
A professional appraisal can help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.