Reasons someone would use the services of National Valuation ServicesTo many, an appraisal is simply another fee on the break-sheet for a mortgage or refinance. Even though there are a multiplying number of automated home valuation methods that might seem cheaper than an appraisal, practically all lenders still call for a local expert because the stakes are very high. You might think that obtaining a mortgage is the only reason to get an appraisal, but there are other situations when the services of a certified, independent real estate professional could be beneficial.
Let National Valuation Services help you dispute your tax assessment in Pettis CountyIt's probable you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, 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 National Valuation Services is your best evidence. At National Valuation Services, we're equipped to assist you in disputing your tax assessment.
Let National Valuation Services help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the home, almost all lenders ask home buyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI is unnecessary 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 do away with PMI, National Valuation Services can give you a statement regarding the value of your home. The expense of the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from National Valuation ServicesA divorce is often complicated by the challenging decision of who gets the property, and it can be a particularly heartbreaking event for both parties. It's a good idea to order an appraisal from National Valuation Services so both parties are completely aware of the true market value of their home, regardless of the situation.
If the parties wish to sell the home, they'll have a better idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received 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 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, ensuring the highest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the precise value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Let National Valuation Services assist you in relocating to or from Pettis CountyWe are aware of the stress involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, along with information regarding any new sales or listings in their area that they want considered during our thorough process.
Let National Valuation Services help you sell your home quickly at the right priceA professional appraisal can help you make a more informed decision when determining your selling 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 amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to finish the appraisal report and not a percentage of the sales price.
On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay 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 for an extended amount of time.