Getting an appraisal from Daniel Todd Appraisal Services, LLCTo many, an appraisal is simply one more thing on the settlement sheet for a home purchase or refinance. Nearly all lenders still want a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may appear less expensive than an appraisal. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are other cases when the services of a licensed, independent real estate professional might be helpful.
Dispute your tax assessment in Vigo CountyIt's quite possible 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 area, you can appeal your assessment and save money. When building your case, an appraisal from Daniel Todd Appraisal Services, LLC is your best evidence. At Daniel Todd Appraisal Services, LLC,we can assist you in appealing your tax assessment.
Getting rid of your PMI will lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the home, many lenders ask home owners to take out an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - falls 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 get rid of PMI, Daniel Todd Appraisal Services, LLC can produce a statement regarding the value of your home. The price you paid for the home valuation can often be offset in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Daniel Todd Appraisal Services, LLCA divorce is an especially heartbreaking experience for the parties involved, and it is often even more complicated by the challenging decision of who gets the home. It's a good idea to order an appraisal from Daniel Todd Appraisal Services, LLC so both parties are completely aware of the true market value of their property, regardless of the situation.
If the parties wish to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidation with Daniel Todd Appraisal Services, LLCSettling an estateThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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.
Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Vigo County?Employee relocation is a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our thorough process.
Sell your home quickly at the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.
On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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 homes stay on the market.