Ordering an appraisal from Perry Appraisal ServiceYear after year, thousands of people in Mississippi purchase, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation systems that might appear to be more practical than an appraisal, the majority of 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 acquire an appraisal, but there are more situations when the services of a licensed, independent real estate professional might be helpful.
Let Perry Appraisal Service help you appeal your tax assessment in Lamar CountyIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Perry Appraisal Service is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment.
Perry Appraisal Service 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, almost all lenders ask home owners to purchase an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
Perry Appraisal Service can provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be recovered in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a very daunting event for both parties, and it is often further complicated by the difficult decision of who gets the property. It's a good idea to order an appraisal from Perry Appraisal Service so both parties are fully aware of the true market value of their home, regardless of the circumstances.
The parties will have a a good idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Settling an estate with peace of mindThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property 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 take care of these affairs, unlike wealthier individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Perry Appraisal Service assist you in relocating to or from Lamar CountyWe know the headaches involved with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive process, we suggest relocating employees to provide remarks on the positive aspects of their property, as well as information about any new sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right priceA professional appraisal will help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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 properties stay on the market.