Reasons someone would need Elite Appraisal, Inc.To many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. Most lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation systems that might seem more economical than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there other situations when the services of a certified, independent real estate professional might be beneficial? Absolutely.
Let Elite Appraisal, Inc. help you challenge your tax assessment in Miami-Dade CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Elite Appraisal, Inc. is your best evidence. We're equipped to assist you in challenging your tax assessment.
Elite Appraisal, 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 property, many lenders ask buyers to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary 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 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.
Elite Appraisal, Inc. will provide you with a statement regarding the value of your home, and the expense of the appraisal can generally be regained in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Elite Appraisal, Inc.A divorce is a very daunting ordeal for the parties involved, and it is often even more complicated by the troublesome decision of who keeps the property. So both parties are entirely aware of the true market value of their home, it's a good idea to order an appraisal from Elite Appraisal, Inc., regardless of the situation.
If the parties wish 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.
Fair and accurate estate liquidation with Elite Appraisal, Inc.Settling an estateThe loss of a loved one is a difficult 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 guarantee the highest 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 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 certain value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Let Elite Appraisal, Inc. assist you in relocating to or from Miami-Dade CountyWe are aware of the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our intensive process.
Let Elite Appraisal, Inc. help you sell your home quickly at the right priceA professional appraisal will help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to finish the appraisal.
We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, getting a professional appraisal is a reliable 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.