Why you should get an appraisal

Year after year, thousands of people in Florida purchase, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. And while there are an increasing number of automated home valuation systems that may appear to be more economical than an appraisal, almost all lenders still need a local expert because the stakes are incredibly high. Is securing a mortgage the only basis for getting an appraisal? Are there more situations when the services of a licensed, independent real estate professional could be helpful? Of course there are.

Let Appraisal Services of Brandon, Inc . help you lower your mortgage payment

Dispute your tax assessment in Hillsborough County

If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Appraisal Services of Brandon, Inc . is your best evidence when building your case. At Appraisal Services of Brandon, Inc ., we're equipped to assist you in appealing your tax assessment.

PMI removal to lower a mortgage payment

When the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, almost all lenders ask homebuyers to take out this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

Appraisal Services of Brandon, Inc . can give you a statement regarding the value of your home, and the cost of the appraisal can usually be regained in just a few months because you'll no longer be paying the PMI.

Get your appraisal from Appraisal Services of Brandon, Inc .

Order today

Settle a divorce with less stress

A divorce is an especially horrible experience for the parties involved, and it is often even more complicated by the hard decision of who maintains the home. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from Appraisal Services of Brandon, Inc ., regardless of the circumstances.

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

Fair and accurate estate liquidation

The 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.

Relocate to or from Hillsborough County for work

We know the stress associated with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide input on the positive characteristics of their property, along with information about any new sales or listings in their neighborhood that they want considered.

Sell your home promptly — for an accurate price

Whether you decide 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 asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price.

We examine the difference in value things 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 a suitable 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.

Let Appraisal Services of Brandon, Inc . help you sell your home quickly at the right price