Reasons to order an appraisal from Arnold Appraisal ServiceTo many, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. Almost all lenders still need a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may appear more practical than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional could come in handy? You bet there are.
Let Arnold Appraisal Service help you appeal your tax assessment in Windham CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices have gone down in your area, you can appeal your assessment and save money. An appraisal from Arnold Appraisal Service is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment.
Arnold Appraisal Service can help you eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that almost all lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Very often, this extra payment is lumped into the monthly mortgage payment and is soon forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
Arnold Appraisal Service will produce a statement regarding the value of your home, and the expense of the appraisal can generally be recovered in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be a very daunting event for both parties, and it is often more complicated by the hard decision of who gets the home. Regardless of the situation, it's wise to get an appraisal from Arnold Appraisal Service so both parties are fully aware of the true market value of their house.
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.
Accurate and fair estate liquidationThe 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 Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.
Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the certain value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Arnold Appraisal Service can assist you in relocating to or from Windham CountyWe understand the headaches involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, along with information about any recent sales or listings in their area that they want considered during our intensive process.
Sell your home quickly at the right price with an appraisal from Arnold Appraisal ServiceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't contingent upon the value opinion we render, but rather they are calculated on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, seeking a professional appraisal is a reliable way to decide 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 an unnecessarily long time.