Why you should get an appraisal from South Shore Realty Advisors, Inc

To a lot of people, an appraisal is simply a line item in the long list of items for a home sale or refinance. And even though there are a growing number of automated home valuation systems that might appear to be more prudent than an appraisal, practically all lenders still need a local expert because the stakes are incredibly high. You might believe that obtaining a mortgage is the only basis for getting an appraisal, but there are other instances when the services of a certified, independent real estate professional could be helpful.

Let South Shore Realty Advisors, Inc help you lower your mortgage payment

Challenge your tax assessment in Plymouth County

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your real estate, so if values have gone down in your area, you can challenge your assessment and save money. An appraisal from South Shore Realty Advisors, Inc is your best evidence when building your case. At South Shore Realty Advisors, Inc, we're qualified to assist you in disputing your tax assessment.

PMI removal to reduce a mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance plan that nearly all lenders ask home buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the property. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, 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 payments when the loan-to-value ratio conditions have been met.

South Shore Realty Advisors, Inc will provide you with a statement regarding the value of your home, and the price you paid for the home valuation can often be recovered in little time because you'll no longer be paying the PMI.

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Settle a divorce with less stress

A divorce is often complicated by the hard decision of who maintains the home, and it can be a very traumatic event for both parties. It's a good idea to get an appraisal from South Shore Realty Advisors, Inc so both parties are entirely aware of the true market value of their home, regardless of the situation.

The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Ascertain a fair and accurate valuation for estate liquidation

The 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 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 highest degree of discretion.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up an uneven 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 gotten a fair deal.

Move to or from Plymouth County for work

We are familiar with the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide input on the positive aspects of their property, as well as information about any new sales or listings in their neighborhood that they want considered.

Sell your home quickly — at the right price

A professional appraisal can help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. 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 are based on our efforts to finish the appraisal report.

On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.

Let South Shore Realty Advisors, Inc assist you in selling your home quickly at the right price