Why you should get an appraisal from Edge Appraisal ServicesTo a lot of us, an appraisal just looks like another cost on the settlement sheet for a home sale or refinance. Most lenders still want a local expert because the stakes are very high, even though there are a developing number of automated home valuation systems that might appear to be cheaper than an appraisal. But is securing a mortgage the only reason you should get an appraisal? Are there other instances when the services of a certified, independent real estate professional could be beneficial? Of course there are.
Let Edge Appraisal Services help you appeal your tax assessment in Sumner CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Edge Appraisal Services is your best evidence. We're qualified to assist you in appealing your tax assessment.
How can you get rid of PMI to lower your mortgage payment?When the amount being loaned to the homeowner is more than 80% of the actual value of the property, many lenders ask homebuyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, Edge Appraisal Services will provide you with a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Edge Appraisal ServicesA divorce is an especially heartbreaking event for the parties involved, and it is often more complicated by the hard decision of who maintains the house. It's a good idea to get an appraisal from Edge Appraisal Services so both parties are completely aware of the true market value of their property, regardless of the situation.
The parties will have a better idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindLosing a loved one is a hard 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so 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.
Relocating to or from Sumner County?Employee relocation is a more than just an inconvenience, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered during our thorough process.
Sell your home quickly at the right price with an appraisal from Edge Appraisal ServicesWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to finish the appraisal report and not a percentage of the sales price.
We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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 - because we're experts in knowing how long properties are one the market.