Why you should order an appraisal from Appraisal House, Inc.Thousands of people in Florida purchase, sell or refinance their home each year. Many of these transactions consist of a simple line item for an appraisal. Almost all lenders still call for a local expert because the stakes are very high, even though there are a budding number of automated home valuation methods that may appear to be more cost-effective than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there more times when the services of a licensed, independent real estate professional could be beneficial? Of course. 
Contest your tax assessmentIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Appraisal House, Inc. is your best evidence when building your case. We're qualified to assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the property, nearly all lenders ask homeowners to take out this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. Appraisal House, Inc. will produce a statement regarding the value of your home, and the price you paid for the home valuation can usually be offset in little time because you'll no longer be paying the PMI. Order an appraisal from Appraisal House, Inc. Order todayGet a fair valuation on a home take make a divorce settlement less stressfulA divorce is a very horrible ordeal for the parties involved, and it is often further complicated by the difficult decision of who keeps the home. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Appraisal House, Inc., regardless of the circumstances. If the parties wish 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 received a fair evaluation. Fair and accurate estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We ensure 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 wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Okaloosa County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any new sales or listings in their neighborhood that they want considered. Close on your home promptly — for the right priceA professional appraisal can help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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