Ordering an appraisal from Action Appraisals IncTo many, an appraisal is simply one more thing on the break-sheet for a home sale or refinance. While there are a multiplying number of automated home valuation processes that might appear to be more prudent than an appraisal, most lenders still call in a local expert because the stakes are so high. But is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional might come in handy? Of course there are.
Let Action Appraisals Inc help you appeal your tax assessment in Burleigh CountyIf 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 Action Appraisals Inc is your best evidence when building your case. At Action Appraisals Inc, we're capable of assisting you in challenging your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the real estate, nearly all lenders ask homebuyers to take out an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Very often, this added payment is bundled into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Action Appraisals Inc can give you a statement regarding the value of your home. The expense of the appraisal can usually be offset in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the troublesome decision of who keeps the property, and it can be an especially traumatic occurrence for both parties. Regardless of the situation, it's a good idea to get an appraisal from Action Appraisals Inc so both parties are fully aware of the true market value of their home.
If the parties need 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 gotten a fair assessment.
Fair and accurate estate liquidation with help from Action Appraisals IncSettling an estateThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. 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 essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Burleigh County?We understand the stress associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide remarks on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered.
Don't sell out for too little or let your home stay on the market too long.A professional appraisal will help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a reliable 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.