Reasons someone would need Appraisal Specialists of SW FL, Inc.To a lot of people, an appraisal just looks like another cost on the break-sheet for a mortgage or refinance. While there are a budding number of automated home valuation systems that might appear more prudent than an appraisal, most lenders still need a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are more times when the services of a licensed, independent real estate professional might come in handy.
Let Appraisal Specialists of SW FL, Inc. help you challenge 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. Ad Valorem taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Appraisal Specialists of SW FL, Inc. is your best evidence. At Appraisal Specialists of SW FL, Inc., we're equipped to assist you in disputing your tax assessment.
How can you eliminate PMI to lower your mortgage payment?When the amount being loaned to the homeowner is more than 80% of the actual value of the property, most lenders ask buyers to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often lumped into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI installments when the balance is paid down to 78% of the original value.
Appraisal Specialists of SW FL, Inc. can produce a statement regarding the value of your home, and the cost of the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly daunting event for both parties, and it is often even more complicated by the troublesome decision of who keeps the house. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from Appraisal Specialists of SW FL, Inc., regardless of the situation.
If the parties wish to sell the home, they'll have a better idea 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 assessment.
Settling an estate with peace of mindThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Let Appraisal Specialists of SW FL, Inc. help you with relocating to or from Charlotte CountyMoving due to a job change is a stressful event, and we understand. That's why 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 current sales or listings in their area that they want considered during our detailed process.
Don't sell out short or let your home stay on the market too long.Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. Separate from 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 perform the appraisal report and and aren't related to the sales price.
We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, getting a professional appraisal is a trusted 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.