Let Jeremiah Real Estate Appraisals take care of your appraisalTo many, an appraisal just looks like one more thing on the break-sheet for a home sale or refinance. Even though there are a multiplying number of automated home valuation methods that might seem more prudent than an appraisal, the majority of lenders still want a local expert because the stakes are very high. You might think that securing a mortgage is the only reason to get an appraisal, but there are other instances when the services of a licensed, independent real estate professional might be helpful.
Dispute your tax assessment in New Kent CountyIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Jeremiah Real Estate Appraisals is your best evidence. We're equipped to assist you in challenging your tax assessment.Removing PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that nearly all lenders ask homeowners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. This added payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI payments when the balance is paid down to 78% of the original value.If you'd like to eliminate PMI, Jeremiah Real Estate Appraisals can give you a statement regarding the value of your home. The price you paid for the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI. Divorce settlement with less stressA divorce is an especially daunting ordeal for the parties involved, and it is often more complicated by the hard decision of who gets the home. Regardless of the situation, it's a good idea to order an appraisal from Jeremiah Real Estate Appraisals so both parties are entirely aware of the true market value of their home.The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Accurate and fair estate liquidation with Jeremiah Real Estate AppraisalsSettling an estateLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding 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. Jeremiah Real Estate Appraisals can assist you in relocating to or from New Kent CountyWe are familiar with the headaches associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered during our thorough process.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 regarding your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees are based on our efforts to perform the appraisal report and not a percentage of the sales price.On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, 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 too long, costing you time and money. |