There are lots of reasons people call on SJC AppraisalsTo a lot of people, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. Most lenders still need a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that may appear to be more cost-effective than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there more times when the services of a certified, independent real estate professional might be beneficial? You bet.
Let SJC Appraisals help you challenge your tax assessment in San Juan CountyIt's probable you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if values have declined in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from SJC Appraisals is your best evidence. We're qualified to assist you in challenging your tax assessment.PMI removal to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, nearly all lenders ask home buyers to purchase an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.SJC Appraisals will provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI. An appraisal from SJC Appraisals will help you settle a divorce with less stressA divorce is often complicated by the strenuous decision of who maintains the home, and it can be an especially heartbreaking occurrence for both parties. It's a good idea to order an appraisal from SJC Appraisals so both parties are fully aware of the true market value of their property, regardless of the situation.If the parties want to sell the home, they'll have a clearer picture of what price to set. 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 SJC AppraisalsSettling an estateThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for 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 fullest degree of discretion.Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. And since a home or other property often makes up an unequal share of the total estate value, knowing the correct value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocating to or from San Juan County?We are familiar with the stress involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide feedback on the positive features of their property, along with information about any recent sales or listings in their neighborhood that they want considered.Sell your home quickly at the right price with an appraisal from SJC AppraisalsA professional appraisal can help you make a more informed decision when determining your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they rest on our efforts to finish the appraisal.We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, seeking a professional appraisal is a trusted 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 an unnecessarily long time. |