Getting an appraisal from Home Sweet Home Appraisals, LLCTo many, an appraisal just looks like a line item in the long list of items for a home sale or refinance. Nearly all lenders still call in a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation methods that may appear more economical than an appraisal. You might think that securing a mortgage is the only reason to acquire an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be beneficial.
Let Home Sweet Home Appraisals, LLC help you dispute your tax assessment in Pueblo CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Home Sweet Home Appraisals, LLC is your best evidence. We're capable of assisting you in disputing your tax assessment.
Home Sweet Home Appraisals, LLC can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask buyers to buy an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, Home Sweet Home Appraisals, LLC can produce a statement regarding the value of your home. The expense of the home valuation can often be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the troublesome decision of who maintains the home, and it can be an especially heartbreaking experience for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Home Sweet Home Appraisals, LLC, regardless of the situation.
The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindLosing a loved one is a painful 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 ensure the maximum 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 issues, unlike wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.
Relocating to or from Pueblo CountyMoving due to a job change can be a real pain. We know where you're coming from! We take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered during our thorough process.
Don't sell out for too little or let your home stay on the market too long.Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they rest 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 properties stay on the market. So, seeking 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.