Ordering an appraisal from Citiwide AppraisalTo a lot of people, an appraisal is simply a line item in the long list of items for a mortgage or refinance. Practically all lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation methods that might seem more practical than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional might be helpful.
Challenge your tax assessment in Clay CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your house, so if prices have declined in your area, you can appeal your assessment and save money. An appraisal from Citiwide Appraisal is your best evidence when building your case. At Citiwide Appraisal,we can assist you in appealing your tax assessment.
Let Citiwide Appraisal assist you in lowering your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the property, almost all lenders ask homeowners to buy an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is damaging because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress invoked 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.
Citiwide Appraisal will produce a statement regarding the value of your home, and the expense of the home valuation can generally be offset in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the challenging decision of who maintains the home, and it can be a very traumatic experience for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from Citiwide Appraisal, regardless of the circumstances.
The parties will have a better idea of what price to set, if they want 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 assessment.
Trustworthy estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to manage these matters, unlike many wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.
Citiwide Appraisal can help you with relocating to or from Clay CountyEmployee relocation can be a more than just an inconvenience. We know where you're coming from! That's why we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, along with information about any current sales or listings in their neighborhood that they want considered during our intensive process.
Sell your home quickly at the right price with an appraisal from Citiwide AppraisalA professional appraisal can help you make a more informed 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 price the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we come up with, but rather they are calculated on our efforts to finish the appraisal.
We examine the difference in value items like an additional 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, getting a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market too long, costing you time and money.