Why you should order an appraisalTo many, an appraisal is simply one more thing on the break-sheet for a mortgage or refinance. Practically all lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that may appear cheaper than an appraisal. Is getting a mortgage the only reason you should get an appraisal? Are there other situations when the services of a certified, independent real estate professional might be beneficial? Of course. 
Challenge your tax assessmentIf you are in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment. PMI removal to reduce a mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that almost all lenders ask homebuyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Most often, this additional payment is folded into the monthly mortgage payment and is soon forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring 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, Regional Real Estate Appraisal Service will produce a statement regarding the value of your home. The price you paid for the appraisal can generally be recovered in little time because you'll no longer be paying the PMI. Order your appraisal from Regional Real Estate Appraisal Service today Order todayDivorce settlement with fewer hang-upsA divorce is often complicated by the troublesome decision of who gets the house, 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 Regional Real Estate Appraisal Service so both parties are completely aware of the true market value of their house. The parties will have a a good idea of what price to set, if they wish 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. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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. Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal. Relocate to or from Rockland County for workWe are aware of the headaches involved with an employee relocation. We take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our detailed inspection. Sell your home quickly — at an accurate priceA professional appraisal can help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to 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 housesare on the market. So, seeking a professional appraisal is a trusted way to decide 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 an unnecessarily long time. 
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