Why you should order an appraisal from Grantham Appraisal ServiceTo many, an appraisal is simply a line item in the long list of items for a home sale or refinance. While there are an increasing number of automated home valuation systems that might appear less expensive than an appraisal, most lenders still call for a local expert because the stakes are very high. But is securing a mortgage the only reason you should get an appraisal? Are there also situations when the services of a certified, independent real estate professional could be beneficial? You bet.
Appeal your tax assessment in Fremont CountyIf you live 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 Grantham Appraisal Service is your best evidence. At Grantham Appraisal Service, we're qualified to assist you in disputing your tax assessment.
Let Grantham 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, most lenders ask home owners to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI becomes unnecessary 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 when the balance is paid down to 78% of the original value.
Grantham Appraisal Service can produce a statement regarding the value of your home, and the cost 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 stress with an appraisal from Grantham Appraisal ServiceA divorce is often complicated by the strenuous decision of who gets the house, and it can be a particularly heartbreaking ordeal for both parties. It's a good idea to get an appraisal from Grantham Appraisal Service so both parties are entirely aware of the true market value of their house, regardless of the situation.
If the parties need to sell the home, they'll have a clearer picture of what price to set. And 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 loss 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 Fair Market Value for the real estate involved. We ensure the highest 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 take care of these matters. 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 vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Grantham Appraisal Service can assist you in relocating to or from Fremont CountyEmployee relocation is a real pain, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information regarding any recent sales or listings in their area that they want considered during our intensive process.
Let Grantham Appraisal Service assist you in selling your home quickly at the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value we come up with, but rather they rest on our efforts to complete the appraisal.
We examine 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 homes stay on the market. So, obtaining a professional appraisal is a trusted way to determine 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 for an extended amount of time.