Appraisers are hired for diverse purposesEach year, thousands of people in Missouri buy, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal. Nearly all lenders still call for a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that might appear more economical than an appraisal. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are other situations when the services of a licensed, independent real estate professional might be beneficial.
Let 1st Choice Appraisal help you dispute your tax assessment in Greene, Christian or Webster CountyIf you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from 1st Choice Appraisal is your best evidence when building your case. At 1st Choice Appraisal , we're qualified to assist you in disputing your tax assessment.
Let 1st Choice Appraisal help you lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, almost all lenders ask home buyers to take out an added insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases 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 eliminate the PMI installments when the loan-to-value ratio conditions have been met.
1st Choice Appraisal can produce a statement regarding the value of your home, and the price you paid for the home valuation can usually be recovered in little time because you'll no longer be paying the PMI.
An appraisal from 1st Choice Appraisal will help you settle a divorce with less stressA divorce is often complicated by the challenging decision of who keeps the home, and it can be a very heartbreaking experience for both parties. Regardless of the circumstances, it's prudent to order an appraisal from 1st Choice Appraisal so both parties are fully aware of the true market value of their property.
The parties will have a clearer picture of what price to set, if they wish to sell the home. And 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 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. 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 handle these issues, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Let 1st Choice Appraisal help you with relocating to or from Greene, Christian or Webster CountyEmployee relocation can be a real pain. We know where you're coming from. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide input on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right price with an appraisal from 1st Choice AppraisalA professional appraisal can help you make a more informed decision when determining your selling price, whether you decide 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 amount the house sells for. Our fees are derived from our efforts to perform the appraisal report and and aren't related to the sales price.
We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, obtaining a professional appraisal is a reliable 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 an unnecessarily long time.