Let RJE Real Estate Appraisal Service attend to your appraisal needs
To many, an appraisal is simply another fee on the settlement sheet for a home sale or refinance. Practically all lenders still call in a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation methods that might appear to be cheaper than an appraisal. Is getting a mortgage the only reason you should get an appraisal? Are there other times when the services of a certified, independent real estate professional might be helpful? You bet.
Appeal your tax assessment in Washtenaw County
If you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At RJE Real Estate Appraisal Service, we're capable of assisting you in challenging your tax assessment.
PMI removal to lower a mortgage payment
Private Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask home owners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. Most often, this added payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, RJE Real Estate Appraisal Service will produce a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.
Order an appraisal from RJE Real Estate Appraisal ServiceOrder today
Get a clear valuation on a home for divorce settlements
A divorce can be a very horrible ordeal for both parties, and it is often even more complicated by the troublesome decision of who gets the property. It's a good idea to order an appraisal from RJE Real Estate Appraisal Service so both parties are entirely aware of the true market value of their home, 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 on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidation
The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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 issues, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.
Move to or from Washtenaw County for work
Employee relocation is a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered.
Sell your home quickly — for an accurate price
Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal report.
We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesstay on the market. So, seeking a professional appraisal is a reliable 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.