Getting an appraisal from Parrish Appraisals, Inc.To a lot of us, an appraisal is simply a line item on the break-sheet for a mortgage or refinance. And even though there are a budding number of automated home valuation methods that might seem cheaper than an appraisal, nearly all lenders still call for a local expert because the stakes are so high. But is getting a mortgage the only reason to acquire an appraisal? Are there other times when the services of a certified, independent real estate professional might come in handy? You bet there are.
Let Parrish Appraisals, Inc. help you challenge your tax assessment in Washington CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Parrish Appraisals, Inc. is your best evidence when building your case. At Parrish Appraisals, Inc., we're capable of assisting you in appealing your tax assessment.
Parrish Appraisals, Inc. 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 real estate, most lenders ask buyers to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Parrish Appraisals, Inc. can produce a statement regarding the value of your home, and the cost of the home valuation can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Parrish Appraisals, Inc.A divorce is an especially heartbreaking experience for the parties involved, and it is often even more complicated by the difficult decision of who gets the property. Regardless of the circumstances, it's a good idea to order an appraisal from Parrish Appraisals, Inc. so both parties are completely aware of the true market value of their property.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten 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 Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.
Most Americans do not have dedicated estate planners or executors to manage these issues, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the absolute value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Washington CountyWe are familiar with the headaches involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right priceA professional appraisal will help you make a more informed decision when determining your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal.
We analyze 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 trusted way to determine 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.