Reasons someone would need A Good Appraisal ServiceThousands of people in Florida purchase, sell or refinance their home every month. Most of these transactions contain a simple line item for an appraisal. And even though there are a developing number of automated home valuation methods that might seem more practical than an appraisal, most lenders still want a local expert because the stakes are incredibly high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a licensed, independent real estate professional might be beneficial.
Challenge your tax assessment in Central FloridaIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your home, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from A Good Appraisal Service is your best evidence when building your case. At A Good Appraisal Service, we're qualified to assist you in appealing your tax assessment.
Let A Good Appraisal Service help you lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, almost all lenders ask buyers to take out an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
A Good Appraisal Service can provide you with a statement regarding the value of your home, and the expense of the appraisal can often be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a particularly heartbreaking ordeal for the parties involved, and it is often even more complicated by the hard decision of who keeps the house. It's a good idea to order an appraisal from A Good Appraisal Service so both parties are fully aware of the true market value of their home, regardless of the circumstances.
If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Fair and accurate estate liquidation with A Good Appraisal ServiceSettling an estateThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires 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 matters, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
A Good Appraisal Service can help you with relocating to or from Central FloridaEmployee relocation is a more than just an inconvenience. We know where you're coming from. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we suggest employees that are moving to provide feedback on the positive characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right price with an appraisal from A Good Appraisal ServiceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, obtaining 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 too long, costing you time and money.