Why you should hire an appraiserTo many, an appraisal is simply one more thing in the long list of items for a mortgage or refinance. And while there are a budding number of automated home valuation processes that may appear less expensive than an appraisal, nearly all lenders still call in a local expert because the stakes are very high. You might assume that securing 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 be helpful. 
Challenge your tax assessmentIt'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 previous assessment of your real estate, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from Premier Appraisals, Inc. is your best evidence when building your case. We can assist you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance plan that most lenders ask home owners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. Premier Appraisals, Inc. can provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be regained in little time because you'll no longer be paying the PMI. Get your appraisal from Premier Appraisals, Inc. Order onlineSettle a divorce with less stressA divorce is a very horrible ordeal for the parties involved, and it is often further complicated by the strenuous decision of who gets the home. So both parties are fully aware of the true market value of their property, it's a good idea to get an appraisal from Premier Appraisals, Inc., regardless of the circumstances. If the parties wish to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Fair and accurate estate liquidationLosing 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 Fair 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 fullest degree of discretion. Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal. Move to or from Suffolk County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive features of their property, along with information about any current sales or listings in their neighborhood that they want considered. Sell your home quickly — for an accurate priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you want 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, unlike real estate agents. Our fees rest on our efforts to complete the appraisal report and and aren't related to the sales price. 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 homesare on the market. So, seeking a professional appraisal is a trusted way to decide 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 an unnecessarily long time. 
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