Why you should hire an appraiser
Each year, thousands of people in Florida buy, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. The majority of lenders still call for a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation systems that may seem less expensive than an appraisal. You might believe that obtaining a mortgage is the only basis for getting an appraisal, but there are additional cases when the services of a certified, independent real estate professional might be beneficial.
Challenge your tax assessment
If you reside in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're qualified to assist you in challenging your tax assessment.
Removing PMI for mortgage payments
Private Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask homebuyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Most often, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, Appraisal Services of Brandon, Inc . can give you a statement regarding the value of your home. The cost of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.
Order your appraisal from Appraisal Services of Brandon, Inc . todayOrder today
Settle a divorce with fewer hang-ups
A divorce can be an especially traumatic ordeal for both parties, and it is often more complicated by the challenging decision of who keeps the home. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from Appraisal Services of Brandon, Inc ., regardless of the circumstances.
If the parties want 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 evaluation.
Determine an accurate and fair valuation for estate liquidation
The loss of 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 real estate involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocate to or from Hillsborough County for work
We are familiar with the headaches involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered during our detailed inspection.
Sell your home promptly — for the right price
Whether you choose 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. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend on our efforts to complete the appraisal report and not a percentage of the sales price.
We determine the difference in value things like an additional 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 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, because we're experts in knowing how long properties stay on the market.