CK Appraisals in Milford are hired for numerous reasons...To many, an appraisal is simply another fee on the settlement sheet for a home purchase or refinance. And even though there are a budding number of automated home valuation methods that may appear cheaper than an appraisal, most 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 more cases when the services of a licensed, independent real estate professional might be beneficial? Absolutely.
Challenge your tax assessment in Worcester, Middlesex or Norfolk County...It's probable you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are determined by a past assessment of your home, so if values have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from CK Appraisals is your best evidence. At CK Appraisals, we're equipped to assist you in appealing your tax assessment.Let CK Appraisals help you get rid of PMI to lower your mortgage payment...Private Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask home owners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. This added payment is often lumped into the monthly mortgage payment and is quickly forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.If you'd like to get rid of PMI, CK Appraisals will produce a statement regarding the value of your home. The cost of the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI. Divorce settlement with less stress...A divorce can be a very daunting experience for both parties, and it is often further complicated by the challenging decision of who keeps the home. It's a good idea to order an appraisal from CK Appraisals so both parties are completely aware of the true market value of their property, regardless of the situation.If the parties want to sell the home, they'll have a a good idea 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 evaluation. Fair and accurate estate liquidation with help from CK Appraisals; Settling an estate...The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal. Let CK Appraisals assist you in relocating to or from Worcester, Middlesex or Norfolk County...We understand the stress associated with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide input on the positive features of their property, as well as information about any current sales or listings in their neighborhood that they want considered.Don't sell out for too little or keep your home on the market too long...Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't contingent upon the value we come up with, but rather they are calculated on our efforts to finish the appraisal.We examine the difference that value items like an additional bathroom or 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 houses are on the market. |
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