Why get an appraisal from Premier Appraisals, Inc.?To a lot of people, an appraisal just looks like a line item in the long list of items for a home purchase or refinance. The majority of lenders still want a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that might seem more cost-effective than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are additional situations when the services of a certified, independent real estate professional could be beneficial.
Let Premier Appraisals, Inc. help you appeal your tax assessment in Suffolk CountyIt's likely 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 past assessment of your house, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from Premier Appraisals, Inc. is your best evidence when building your case. At Premier Appraisals, Inc.,we can assist you in appealing your tax assessment.
Premier Appraisals, Inc. can help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the real estate, most lenders ask home buyers to take out an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is lumped into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Premier Appraisals, Inc. can provide you with a statement regarding the value of your home. The cost of the appraisal can usually be regained in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a very traumatic ordeal for the parties involved, and it is often further complicated by the difficult decision of who gets the home. Regardless of the situation, it's a good idea to get an appraisal from Premier Appraisals, Inc. so both parties are completely aware of the true market value of their house.
The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidationThe death of a loved one is a difficult 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. We guarantee 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 don't have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocating to or from Suffolk County?Employee 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 intensive process, we recommend relocating employees to provide remarks on the positive characteristics of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right priceA professional appraisal will help you make a better educated decision when determining your asking 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 amount the house sells for. The price we charge isn't contingent upon the value we report, but rather they are calculated on our efforts to complete the appraisal.
On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, obtaining a professional appraisal is a trusted way to decide 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 too long, costing you hassle and money.