There are lots of reasons consumers call on JAMES JUNEAU APPRAISAL SERVICES, INCTo a lot of people, an appraisal just looks like a line item in the long list of items for a mortgage or refinance. While there are an increasing number of automated home valuation systems that may appear more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there other instances when the services of a certified, independent real estate professional could be beneficial? You bet there are.
Appeal your tax assessment in Jefferson CountyIt's probable you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a past assessment of your house, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from JAMES JUNEAU APPRAISAL SERVICES, INC is your best evidence. At JAMES JUNEAU APPRAISAL SERVICES, INC, we're qualified to assist you in appealing your tax assessment.
Getting rid of your PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask home owners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
JAMES JUNEAU APPRAISAL SERVICES, INC will provide you with a statement regarding the value of your home, and the expense of the appraisal can generally be regained 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 difficult decision of who keeps the house, and it can be an especially heartbreaking occurrence for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from JAMES JUNEAU APPRAISAL SERVICES, INC, regardless of the circumstances.
The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Accurate and fair estate liquidation with help from JAMES JUNEAU APPRAISAL SERVICES, INCSettling an estateLosing 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 residential property involved. We guarantee the highest 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 take care of these issues. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
Let JAMES JUNEAU APPRAISAL SERVICES, INC help you with relocating to or from Jefferson CountyEmployee relocation can be a more than just an inconvenience, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information about any new sales or listings in their area that they want considered.
Selling your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to finish the appraisal report and and aren't related to the sales price.
We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long properties stay on the market.