Why you should order an appraisal from Residential Appraisal Service
Year after year, thousands of people in Montana purchase, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. While there are an increasing number of automated home valuation processes that may seem more cost-effective than an appraisal, most lenders still call for a local expert because the stakes are so high. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are additional cases when the services of a licensed, independent real estate professional might be helpful. |
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When you're planning on any transaction where the value of your home is of importance, contact Residential Appraisal Service. Just click here | |
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Dispute your tax assessment in Cascade 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 Residential Appraisal Service is your best evidence when building your case. At Residential Appraisal Service,we can assist you in appealing your tax assessment.Residential Appraisal Service can help you eliminate PMI to lower your mortgage payment
When the amount being loaned to the buyer is more than 80% of the actual value of the home, most lenders ask buyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Very often, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.If you'd like to get rid of PMI, Residential Appraisal Service will provide you with a statement regarding the value of your home. The cost of the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Residential Appraisal Service
A divorce is often complicated by the difficult decision of who maintains the property, and it can be an especially heartbreaking experience for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Residential Appraisal Service, regardless of the situation.If the parties wish 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 received a fair assessment.
Settling an estate with peace of mind
Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the precise value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Residential Appraisal Service can help you with relocating to or from Cascade County
Moving due to a job change can be a real pain. We know where you're coming from! That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive process, we recommend relocating employees to provide input on the positive features of their property, as well as information about any current sales or listings in their area that they want considered.Sell your home quickly at the right price with an appraisal from Residential Appraisal Service
A professional appraisal can help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, seeking 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 an unnecessarily long time.