Why order an appraisal from Pine Hill Realty?To a lot of us, an appraisal just looks like another fee in the long list of items for a mortgage or refinance. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that might appear to be more cost-effective than an appraisal. But is securing a mortgage the only reason to acquire an appraisal? Are there other situations when the services of a certified, independent real estate professional might come in handy? Of course there are.
Challenge your tax assessment in Schuylkill CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Pine Hill Realty is your best evidence. At Pine Hill Realty, we're qualified to assist you in appealing your tax assessment.
How can you do away with PMI to lower your mortgage payment?When the amount being loaned to the homeowner is more than 80% of the actual value of the property, nearly all lenders ask buyers to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, Pine Hill Realty will provide you with a statement regarding the value of your home. The cost of the appraisal can often be regained in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is often complicated by the hard decision of who maintains the home, and it can be a very heartbreaking occurrence for both parties. It's a good idea to get an appraisal from Pine Hill Realty so both parties are fully aware of the true market value of their house, regardless of the circumstances.
If the parties need to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Accurate and fair estate liquidationThe loss of a loved one is a hard 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.
Most Americans don't have dedicated estate planners or executors to manage these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Let Pine Hill Realty help you with relocating to or from Schuylkill CountyEmployee relocation can be a more than just an inconvenience, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our thorough process.
Selling your home quickly at the right price with an appraisal from Pine Hill RealtyWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Getting 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 - because we're experts in knowing how long houses stay on the market.