Let Barnstable/Plymouth Appraisal Services serve your appraisal needsEach year, thousands of people in Massachusetts purchase, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. And even though there are a multiplying number of automated home valuation methods that may seem more prudent than an appraisal, practically all lenders still want a local expert because the stakes are so high. Is getting a mortgage the only reason to acquire an appraisal? Are there other cases when the services of a licensed, independent real estate professional might be helpful? Of course. ![]() Challenge your tax assessmentIf you live in an area where the property value has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in appealing your tax assessment. PMI removal to reduce your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that almost all lenders ask homeowners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Very often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfortunate. 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. Barnstable/Plymouth Appraisal Services can give you a statement regarding the value of your home, and the cost of the home valuation can usually be regained in little time because you'll no longer be paying the PMI. Order an appraisal from Barnstable/Plymouth Appraisal Services Order todayDivorce settlement with fewer hang-upsA divorce can be a particularly traumatic experience for both parties, and it is often more complicated by the burdensome decision of who maintains the house. It's a good idea to order an appraisal from Barnstable/Plymouth Appraisal Services so both parties are entirely aware of the true market value of their house, regardless of the circumstances. If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Ascertain an accurate and fair valuation for estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for 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, guaranteeing the maximum degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from County through an employee relocation programEmployee relocation is a stressful event, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide feedback on the positive aspects of their property, along with information about any new sales or listings in their neighborhood that they want considered. Close on your home promptly — for an accurate priceA professional appraisal can help you make a better educated 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. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report. On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking 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 houses are one the market. ![]() |