Let Reamer Appraisals Inc. take care of your appraisalTo many, an appraisal just looks like one more thing on the break-sheet for a home sale or refinance. And even though there are a multiplying number of automated home valuation processes that may appear to be more economical than an appraisal, almost all lenders still call in a local expert because the stakes are very high. You might believe that securing a mortgage is the only reason you should get an appraisal, but there are other cases when the services of a licensed, independent real estate professional might be beneficial.
Challenge your tax assessment in Grand Traverse CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Reamer Appraisals Inc. is your best evidence when building your case. At Reamer Appraisals Inc.,we can assist you in disputing your tax assessment.
Reamer Appraisals Inc. can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the property, many lenders ask buyers to purchase an added insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this added payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Reamer Appraisals Inc. can give you a statement regarding the value of your home. The price you paid for the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be a particularly traumatic event for both parties, and it is often even more complicated by the challenging decision of who keeps the property. Regardless of the circumstances, it's a good idea to order an appraisal from Reamer Appraisals Inc. so both parties are entirely aware of the true market value of their house.
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 assessment.
Accurate and fair estate liquidation with Reamer Appraisals Inc.Settling an estateThe 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle 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 significant importance to ensuring disputing parties walk away knowing they've received a fair deal.
Reamer Appraisals Inc. can help you with relocating to or from Grand Traverse CountyEmployee relocation can be a stressful event, and we understand. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered.
Don't sell out short or let your home stay on the market too long.Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they rest on our efforts to complete the appraisal.
On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining 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 - because we're experts in knowing how long houses stay on the market.