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Why obtain an appraisal from Appraisals In 48?

To a lot of people, an appraisal just looks like another cost on the settlement sheet for a mortgage or refinance. Practically all lenders still call for a local expert because the stakes are so high, even though there are a developing number of automated home valuation methods that may seem more economical than an appraisal. But is securing a mortgage the only reason to get an appraisal? Are there other situations when the services of a licensed, independent real estate professional might come in handy? Of course.

When you're planning on any transaction where the likely sales price of your house is a factor, just contact Appraisals In 48. Just click here

Let Appraisals In 48 help you appeal your tax assessment in Harris County

If you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Appraisals In 48 is your best evidence. At Appraisals In 48, we're qualified to assist you in appealing your tax assessment.

Let Appraisals In 48 help you do away with PMI to lower your mortgage payment

When the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask homebuyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Appraisals In 48 will give you a statement regarding the value of your home. The expense of the appraisal can often be recovered in just a few months because you'll no longer be paying the PMI.

An appraisal from Appraisals In 48 will help you settle a divorce with less stress

A divorce is often complicated by the troublesome decision of who keeps the house, and it can be a particularly heartbreaking experience for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Appraisals In 48, regardless of the circumstances.

The parties will have a clearer picture of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Settling an estate with peace of mind

Losing a loved one is a hard 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 matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Relocating to or from Harris County?

Moving due to a job change can be a real pain, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide remarks on the positive attributes of their property, as well as information about any current sales or listings in their area that they want considered.

Don't sell out short or let your home stay on the market too long.

A professional appraisal can help you make a more informed decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are based on our efforts to perform the appraisal report and not a percentage of the sales price.

We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. 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 an unnecessarily long time - because we're experts in knowing how long houses stay on the market.