Reasons to order an appraisal from South Shore Realty Advisors, IncThousands of people in Massachusetts buy, sell or refinance their home every year. Most of these transactions involve a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation systems that might appear more economical than an appraisal, practically all lenders still need a local expert because the stakes are incredibly high. You might assume that securing a mortgage is the only reason to get an appraisal, but there are additional times when the services of a certified, independent real estate professional might be helpful. Appeal your tax assessment in Plymouth CountyIf you are in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from South Shore Realty Advisors, Inc is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment. PMI removal to lower your mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the home, most lenders ask home owners to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is damaging because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, South Shore Realty Advisors, Inc can give you a statement regarding the value of your home. The expense of the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from South Shore Realty Advisors, Inc Order todaySettle a divorce with fewer hang-upsA divorce is a very horrible experience for the parties involved, and it is often more complicated by the troublesome decision of who maintains the property. Regardless of the circumstances, it's a good idea to order an appraisal from South Shore Realty Advisors, Inc so both parties are completely aware of the true market value of their house. If the parties want to sell the home, they'll have a clearer picture 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 liquidationThe loss of a loved one is a difficult 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 guarantee 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 affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Plymouth County through an employee relocation programWe understand the headaches associated 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 input on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our intensive inspection. Sell your home quickly — for the right priceA professional appraisal can help you make a more informed decision regarding your asking 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 are calculated on our efforts to finish the appraisal report and not a percentage of the sales price. 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 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, because we're experts in knowing how long properties are one the market. |