Let RJE Real Estate Appraisal Service attend to your appraisal needs
To many, an appraisal just looks like a line item on the settlement sheet for a home purchase or refinance. Even though there are a developing number of automated home valuation methods that might seem more practical than an appraisal, the majority of lenders still call in a local expert because the stakes are very high. You might think that getting a mortgage is the only reason to get an appraisal, but there are other situations when the services of a licensed, independent real estate professional could come in handy.
Dispute your tax assessment
If you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from RJE Real Estate Appraisal Service is your best evidence when building your case. We can assist you in disputing your tax assessment.
Getting rid of your PMI for mortgage payments
When the amount being loaned to the home buyeris more than 80% of the actual value of the real estate, nearly all lenders ask homebuyers to take out this additional 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. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, RJE Real Estate Appraisal Service can provide you with a statement regarding the value of your home. The price you paid for the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI.
Order an appraisal from RJE Real Estate Appraisal ServiceOrder today
Divorce settlement with less stress
A divorce is a very traumatic ordeal for the parties involved, and it is often further complicated by the troublesome decision of who keeps the house. So both parties are entirely aware of the true market value of their home, it's a good idea to order an appraisal from RJE Real Estate Appraisal Service, regardless of the circumstances.
If the parties wish 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 received a fair evaluation.
Determine an accurate and fair valuation for estate liquidation
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 Fair Market Value for the residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. And since a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Move to or from Washtenaw County for work
Employee relocation can be a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide remarks on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered.
Sell your home promptly — at an accurate price
A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal report.
On a daily basis, we examine the difference in value things like an extra 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 properties are one the market.