There are lots of reasons consumers call on All Avenues AppraisalsTo many, an appraisal is simply another fee on the break-sheet for a home sale or refinance. While there are a budding number of automated home valuation systems that might seem cheaper than an appraisal, almost all lenders still want a local expert because the stakes are so high. But is getting a mortgage the only reason to acquire an appraisal? Are there also cases when the services of a certified, independent real estate professional might be helpful? Absolutely.
Challenge your tax assessment in Hillsborough CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from All Avenues Appraisals is your best evidence. At All Avenues Appraisals, we're qualified to assist you in disputing your tax assessment.
Eliminating PMI will lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the home, many lenders ask home owners to purchase an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't necessary 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 approved by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
All Avenues Appraisals will produce a statement regarding the value of your home, and the expense of the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be a very traumatic event for both parties, and it is often more complicated by the troublesome decision of who maintains the property. It's a good idea to order an appraisal from All Avenues Appraisals so both parties are fully aware of the true market value of their home, regardless of the circumstances.
If the parties want to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidation with All Avenues AppraisalsSettling an estateLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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. A home or other property often makes up a disproportionate 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 leave knowing they've received an honest deal.
Let All Avenues Appraisals help you with relocating to or from Hillsborough CountyWe understand the headaches involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, as well as information regarding any current sales or listings in their area that they want considered during our detailed process.
Let All Avenues Appraisals assist you in selling your home quickly at the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend on our efforts to perform the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted 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.