Let Absolute Value Appraisers handle your appraisalTo a lot of people, an appraisal is simply another cost on the settlement sheet for a home purchase or refinance. And even though there are a multiplying number of automated home valuation processes that may appear to be cheaper than an appraisal, almost all lenders still call in a local expert because the stakes are very high. But is getting a mortgage the only reason to get an appraisal? Are there other cases when the services of a licensed, independent real estate professional could be helpful? Of course.
Let Absolute Value Appraisers help you dispute your tax assessment in Franklin CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Absolute Value Appraisers is your best evidence when building your case. We're equipped to assist you in appealing 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 nearly all lenders ask buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases 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.
Absolute Value Appraisers can provide you with a statement regarding the value of your home, and the price you paid for the appraisal can often be regained in little time because you'll no longer be paying the PMI.
An appraisal from Absolute Value Appraisers will help you settle a divorce with less stressA divorce is a very traumatic experience for the parties involved, and it is often further complicated by the strenuous decision of who keeps the home. It's a good idea to order an appraisal from Absolute Value Appraisers so both parties are completely aware of the true market value of their property, regardless of the situation.
The parties will have a better idea 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 gotten a fair assessment.
Fair and accurate estate liquidation with help from Absolute Value AppraisersSettling an estateThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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.
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Relocating to or from Franklin County?We know the stress associated with an employee relocation. We take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest employees that are moving to provide input on the positive attributes of their property, along with information regarding any current sales or listings in their neighborhood that they want considered.
Don't sell out short or let your home stay on the market too long.Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.
We determine 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 homes are on the market. So, getting a professional appraisal is a reliable way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.