Reasons someone would call Choice Appraisal Services

Thousands of people in Kentucky buy, sell or refinance their home every year. A lot of these transactions involve a simple line item for an appraisal. Practically all lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that may appear more economical than an appraisal. You might assume that obtaining a mortgage is the only basis for getting an appraisal, but there are additional cases when the services of a licensed, independent real estate professional might be helpful.

When you're planning on any transaction where the likely sales price of your property is a factor, you should contact Choice Appraisal Services. Just click here

Let Choice Appraisal Services help you appeal your tax assessment in County

If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Choice Appraisal Services is your best evidence when building your case. At Choice Appraisal Services,we can assist you in appealing your tax assessment.

Let Choice Appraisal Services help you do away with PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance plan that nearly all lenders ask home buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfortunate 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 invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

Choice Appraisal Services can give you a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is a very daunting experience for the parties involved, and it is often more complicated by the challenging decision of who keeps the property. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from Choice Appraisal Services, regardless of the circumstances.

If the parties wish 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 evaluation.

Accurate and fair estate liquidation with help from Choice Appraisal ServicesSettling an estate

The loss of a loved one is a hard 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. A home or other property often makes up a disproportionate 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 an honest deal.

Choice Appraisal Services can help you with relocating to or from County

We are aware of the headaches involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we recommend relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered.

Don't sell out short or keep your home on the market too long.

A professional appraisal will help you make a better educated 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. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal.

On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are 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 too long, costing you hassle and money.