Reasons you should order an appraisal from SWFL Residential Appraisal Services, LLC.To a lot of us, an appraisal just looks like a line item on the settlement sheet for a mortgage or refinance. And even though there are a multiplying number of automated home valuation methods that might appear to be more economical than an appraisal, nearly all lenders still need a local expert because the stakes are incredibly high. Is getting a mortgage the only reason you should get an appraisal? Are there other instances when the services of a licensed, independent real estate professional might be beneficial? Of course there are. 
Appeal your tax assessmentIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a previous assessment of your home, so if prices have gone down in your neighborhood, you can challenge your assessment and save money. An appraisal from SWFL Residential Appraisal Services, LLC. is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the home, nearly all lenders ask homebuyers to buy this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Very often, this extra payment is bundled into the monthly mortgage payment and is quickly forgotten. This is bad because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, SWFL Residential Appraisal Services, LLC. can provide you with a statement regarding the value of your home. The cost of the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from SWFL Residential Appraisal Services, LLC. Order onlineGet a clear valuation on a home for divorce settlementsA divorce is often complicated by the troublesome decision of who maintains the property, and it can be an especially horrible occurrence for both parties. So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from SWFL Residential Appraisal Services, LLC., regardless of the situation. If the parties need to sell the home, they'll have a a good 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. Fair and accurate estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Lee County for workEmployee relocation can be a stressful event, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our detailed inspection. Sell your home promptly — for the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report. On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, seeking a professional appraisal is a reliable way to determine 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. 
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