Let Barnstable/Plymouth Appraisal Services serve your appraisal needs
To a lot of people, an appraisal just looks like a line item on the settlement sheet for a home purchase or refinance. While there are a multiplying number of automated home valuation methods that may seem less expensive than an appraisal, nearly all lenders still call in a local expert because the stakes are incredibly high. Is getting a mortgage the only basis for getting an appraisal? Are there more instances when the services of a certified, independent real estate professional might be helpful? Of course there are.
Challenge your tax assessment in County
It's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if prices have gone down in your area, you can appeal your assessment and save money. An appraisal from Barnstable/Plymouth Appraisal Services is your best evidence when building your case. We can assist you in appealing your tax assessment.
Get rid of PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is a supplemental insurance plan that almost all lenders ask home owners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. This extra payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips 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 do away with the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, Barnstable/Plymouth Appraisal Services will provide you with a statement regarding the value of your home. The cost of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI.
Get your appraisal from Barnstable/Plymouth Appraisal ServicesOrder today
Divorce settlement with fewer hang-ups
A divorce can be a very traumatic ordeal for both parties, and it is often more complicated by the strenuous decision of who keeps the property. It's a good idea to get an appraisal from Barnstable/Plymouth Appraisal Services so both parties are entirely aware of the true market value of their home, regardless of the situation.
If the parties need to sell the home, they'll have a clearer picture of what price to set. 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
The 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 Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.
Most Americans do not have dedicated estate planners or executors to manage these issues, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Move to or from County for work
Employee relocation is a stressful event, and we understand. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered during our intensive inspection.
Sell your home promptly — at an accurate price
Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to complete the appraisal report.
We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesare on the market. So, getting 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.